Best Nevada Health Insurance (2023 Plans)

Based on our rating system, Hometown Health is the overall best health insurance provider in Nevada, earning a MoneyGeek score of 65 out of 100. The company offers low out-of-pocket costs and an excellent claims processing rating, meaning it is the least likely to deny your claims.

We based scores for this category on Silver plans sourced from Nevada providers, including 120 EPOs and 485 HMOs. Remember that each health insurance plan has unique features, and the best provider will depend on your coverage preferences and health care needs.

Aetna offers Nevada’s best health insurance for consumers looking for low out-of-pocket costs. This insurer received a MoneyGeek score of 80 out of 100, ranking at the top of our list because of its low MOOP (maximum out-of-pocket) expenses, affordable monthly premiums and efficient claims processing.

To determine the rankings in this category, we analyzed available Nevada Gold plans. We reviewed 80 EPOs and 215 HMOs.

MoneyGeek determined Nevada's best affordable health insurance companies based on average monthly costs. The winner is SelectHealth, Inc., with a MoneyGeek score of 74 out of 100. Offering an average monthly premium of $386, SelectHealth, Inc. is the cheapest option among the seven insurers surveyed. Our data shows that this provider rarely denies legitimate coverage claims, making it one of the most reliable insurers. We analyzed 120 EPO and 485 HMO plans in the Silver tier for this category.

Remember that lower premiums generally translate to higher out-of-pocket maximums. SelectHealth, Inc. had the highest MOOP of $8,825 in the Nevada Marketplace.

If you're focused soley on cost, MoneyGeek also determined the cheapest health insurance in Nevada.

MoneyGeek’s research found that Nevada’s best health insurance provider for young adults is Aetna. The company earned a MoneyGeek score of 85 out of 100. Its coverage for 26-year-olds costs a monthly average of $283. Policyholders pay maximum out-of-pocket (MOOP) costs of $7,975 on average.

We examined 148 EPO and 421 HMO plans in Bronze and Catastrophic tiers to find Nevada’s best health insurance for young adults. This category’s analysis concentrated on insurers that offer Bronze or Catastrophic health insurance plans. These plans tend to have low monthly costs and high out-of-pocket maximums. To apply for a Catastrophic health insurance plan, you must be under 30 or have a hardship exemption.

The health insurance marketplace offers different plan types, each varying in cost, provider network, coverage and other benefits. MoneyGeek found that Hometown Health provides the best HMO plans in Nevada, while Friday Health Plans of Nevada, Inc. is the top insurer for EPO plans.

We confined our analysis to Silver plans since these policies typically balance fair premiums and moderate out-of-pocket costs. We reviewed 485 HMO and 120 EPO plans in Nevada for a 40-year-old buyer.

Nevada’s best short-term health insurance provider is National General Accident & Health, earning a MoneyGeek score of 95 out of 100.

Short-term insurance allows you to get temporary coverage while waiting for the open enrollment period, switching jobs or undergoing an event that creates a gap in your health plan. Note that even the best short-term health insurance in Nevada should not replace your marketplace plan. Short-term coverage may lack essential coverages, and the overall cost may be high since you may not qualify for tax credits and subsidies.

Your best option for private health insurance in Nevada will depend on your budget and medical needs. A reasonable provider will meet your coverage requirements at affordable premiums and out-of-pocket costs. Here are two essential considerations for determining your best insurer when purchasing a health insurance plan.

You can consider Medicare if you meet the eligibility requirements of being 65 or older or having a qualifying disability or illness. This government-run program offers you access to cheaper health insurance than private plans. It includes the following services:

• Part A (Hospital Insurance): Pays the expenses relating to nursing care, hospice care, hospital stays and covered home-based care.
• Part B (Medical Insurance): Pays for outpatient care, preventative services, medical supplies, doctor appointments and similar services.
• Part D (Prescription Drug Coverage): This covers the cost of vaccines, shots and prescription drugs.

Depending on your health insurance needs, Medicare may not be adequate, and in this case, you may need to consider private health insurance coverage. To determine your best options, you can view our recommendations for Nevada’s best Medicare Advantage and best Medicare Supplement plans.

Since Nevada is a Medicaid expansion state, you can also access Medicaid at no cost. This program is another government health insurance option you may qualify for if your income is below 138% of the Federal Poverty Level.

Health care insurance buyers frequently wonder about the availability and cost of plans. MoneyGeek answered some commonly asked questions about health insurance in Nevada.