Hometown Health 2020
As we roll into the new year, health insurance will once again change for Nevada. A major carrier that has been providing coverage for around 30 years in Nevada is Hometown Health. What makes Hometown the carrier of choice for many silver state residents is the large network of doctors and facilities, Renown. Being one of the largest networks in Nevada, Renown helps provides our residents with timely care. There can often be long wait times to see physicians here due to lack of available providers. Having insurance with Hometown helps alleviate this problem due to the size of the network as well as the coordination between the provider and insurance company. Below is some brief information on Hometown Health 2020 insurance options.
Individual Coverage
Hometown remains as one of four insurance companies offering plans to individuals in Nevada. The other three include Anthem, Health Plan of Nevada, and Ambetter. Hometown is the only insurance carrier that does not operate on the health insurance exchange, also known as ObamaCare. In addition, they are the only carrier that offers PPO health insurance Nevada plans. This makes them a great choice if you are used to a PPO plan, need to see a specialist often, or you are not eligible for a subsidy. Hometown Health 2020 plans will also see record low rate increases this year. Unfortunately in the past, it was not uncommon for rates to jump 10 or 15 percent. This year we expect to see around a 1% change which is great news. Open enrollment to select a new plan or carrier runs from November 1st to December 15th.
Group Plans
Hometown also offers group health insurance plans for businesses headquartered in Nevada. Similar to individual coverage, Renown provides local businesses with a large network of providers here. Hometown’s plans also have many copays embedded in the policy. This helps make them simple for consumers to understand and easy to use. Employees will know exactly what they are going to pay when they utilize the plan. In addition, Hometown offers association health plans to small businesses. There has been a fair amount of turbulence this year in the association plan market but Hometown is still offering lower costing options to businesses that are part of BANN (Builders Association of Northern Nevada)
Medicare Advantage
Hometown Health also offers Medicare Advantage plans called Senior Care Plus. These policies are available to those who have Medicare Parts A and B. Medicare’s Annual Election Period (AEP) starts on October 15th and ends December 7th. During this time, anyone that currently has a Medicare Advantage plan can switch to a different policy. In addition, if you have Medicare Supplement (Medigap) plan then you can come off of that policy and join an Advantage plan. It is important to note that many Renown physicians accept Medicare Supplement coverage, not just Senior Care Plus. This is a common misconception for seniors in the area and typically leads to confusion.
Please give our office a call if you are interested in enrolling in one of these various lines of coverage Hometown offers. You can also call our licensed brokers with questions about your current policy. As your health insurance broker, we do not cost any fees and there are no additional charges to use our services.
