Health insurance premiums in Nevada (2024)

Below is a snapshot of the lowest SHOP premiums available in Nevada. Employers with between 1 and 50 full-time equivalent employees can offer insurance through SHOP.

Premiums shown are total costs per employee per month. You can share the cost of these premiums with your employees, if you wish.

Lowest premiums for SHOP health insurance plans in each "metal" category
BronzeSilverGoldPlatinum
Enrollee age up to 20$160.11$167.56$202.68
Enrollee age 21$252.14$263.88$319.18
Enrollee age 30$286.18$299.50$362.27
Enrollee age 40$322.23$337.24$407.91
Enrollee age 50$450.32$471.29$570.06
Enrollee age 60$684.31$716.17$866.25

Want a custom premium quote?

Answer a few questions and we’ll show you available SHOP plans with premium estimates based on your business and employees.

Next steps

  • See if you can pay even less.If you have fewer than 25 employees making less than an average of $50,000 per year, you may qualify for a tax credit worth up to 50% of your contribution to employees’ premiums.Use our Premium Tax Credit Estimator.
  • Want some help? Find a SHOP agent or broker.VisitFind Local Helpto find a SHOP-registered agent or broker in your area. Using an agent or broker won’t cost you more and can make the process easier.

Questions?Contact the SHOP Call Center 1-800-706-7893 (TTY 711) Mon- Fri 9 a.m. - 5 p.m. ET.

Data is accurate as of November 16, 2017 and subject to change. The complete premium dataset can be found onthis technical database.

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Health insurance premiums in Nevada (2024)

FAQs

What is the average cost of health insurance in Nevada? ›

How much does health insurance cost in Nevada?
Metal LevelAverage Monthly Premium*
Bronze$475
Silver$643
Gold$811

What 3 factors are health insurance premiums based on? ›

Factors affecting health insurance premiums
  • Age and Gender: Age: As individuals get older, the likelihood of needing healthcare services typically increases. ...
  • Medical History and Current Health Condition: ...
  • Coverage Type and Level: ...
  • Location and Local Healthcare Costs: ...
  • Deductibles, Copayments, and Coinsurance:
Sep 1, 2023

How is my health insurance premium calculated? ›

Insurance premiums vary based on the coverage and the person taking out the policy. Many variables factor into the amount that you'll pay, but the main considerations are the level of coverage that you'll receive and personal information such as age and personal information.

How many people in Nevada have health insurance? ›

Health insurance status distribution of the total population of Nevada in 2021
Health insurance statusPercentage of total population
Medicaid16.8%
Medicare16.7%
Military2.4%
Uninsured10.6%
2 more rows
Nov 1, 2023

What is the income limit for health insurance in Nevada? ›

Who is eligible for Nevada Medicaid?
Household Size*Maximum Income Level (Per Year)
1$20,030
2$27,186
3$34,341
4$41,496
4 more rows

How is the insurance premium calculated? ›

Insurance premiums depend on a variety of factors, including the type of coverage being purchased by the policyholder, the age of the policyholder, where the policyholder lives, the claim history of the policyholder, and moral hazard and adverse selection.

Why are health insurance premiums so high? ›

Administrative Overhead: Health insurers often have substantial administrative overhead, including marketing, underwriting, and claims processing. These costs are passed on to consumers in the form of higher premiums, which can contribute to overall healthcare expenditure.

How do health insurance premiums work? ›

Your premium is a fee to get and keep insurance. You may pay the whole premium. Or your employer may pay all or part of the premium. If you buy individual/family coverage through Covered California and you qualify for a premium subsidy, the federal government will pay part of your premium.

Is health insurance premiums based on income? ›

Employee health insurance premiums at most companies differ only by family size and type of plan (for example, deductible amount). At some companies, though, another factor is taken into account—salary. Meaning that employees who earn less, pay lower insurance premiums.

What determines how much my insurance premiums will be? ›

Some factors that may affect your auto insurance premiums are your car, your driving habits, demographic factors and the coverages, limits and deductibles you choose.

How to calculate total cost of health insurance? ›

Generally, your total cost is your premium + deductible + out-of-pocket costs + any copayments/coinsurance. When you preview plans at HealthCare.gov, you'll see an estimate of your total costs, but your actual expenses will likely vary.

What is the best private health insurance in Nevada? ›

  • Best Overall in Nevada - Ambetter from SilverSummit.
  • Best for Low MOOP - Imperial Insurance Companies.
  • Best Cheap - SelectHealth.
  • Best for Young Adults - SelectHealth.
  • Best by Plan Type.
  • Best for EPO - Anthem Health.
  • Best for PPO - Ambetter from SilverSummit.
  • Best Short-Term Insurance - National General Accident & Health.
Feb 12, 2024

How much does the average person pay out of pocket for health insurance? ›

Average Cost of Health Insurance by State
StateAvg. Monthly Premium
California$432
Colorado$380
Connecticut$627
Delaware$549
22 more rows
Mar 18, 2024

How much does a health card cost in Nevada? ›

Steps to Get Your Health Card

Visit an SNHD office to take a short exam. Pay a $20 fee for your official printed card, which is good for three years.

How much is health insurance minimum wage in Nevada? ›

That's because the Nevada State Legislature passed a bill in 2019 to step up the minimum wage by 75 cents annually until it reached $12 per hour in 2024. The minimum wage for employees who are offered health insurance is currently scheduled to rise to $11 per hour on July 1, 2024.

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