Losing Employer Coverage
If you are leaving your current employer that you have medical benefits with, you may be asking yourself what happens with your insurance. Generally, your coverage will end on the last day of the month that you left. To avoid any gap in coverage, you should begin looking for new coverage as soon as you can. As your health insurance broker, our office can help line up a policy for you if you are losing employer coverage. We can help you gather exactly what you need for no additional cost to you for our services.
Avoid a Waiting Period
There is a total of three Reno health insurance companies that are offering plans to individuals in Nevada. They are Hometown Health, Health Plan of Nevada, and Ambetter. All three companies will require additional documentation to allow your plan to start immediately after losing coverage. This could be a COBRA notice or official letter stating benefits are ending. Without proving this extra information, all health insurance Nevada companies have a 90 day waiting period to enroll. Other events that allow you to start a plan early are recently moving here, getting married, or giving birth.
Association Plan Options
Recently Nevada has seen a surge in association health plan options. The plans can significantly reduce the cost of your individual health insurance premium. If you are losing employer coverage to start your own business or have your own Nevada business license, then you may be eligible. The reduction in price can be anywhere from 10 to 25 percent. These plans have been designed for sole proprietors and will also cover eligible dependents. Although setting up these plans can be difficult, one of our brokers can walk you through the process.
Our services here come at no additional cost to you. We do not charge you fees and you will pay the same amount for a policy whether or not you use us. We also provide all year support for our clients to ensure they are getting the best experience possible.