Updated: May 22, 2024
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Best Health InsuranceNevadaBest Health Insurance in Nevada
Why Trust MoneyGeek? We downloaded plan data for Nevada directly from the Centers for Medicare & Medicaid Services (CMS). MoneyGeek’s scoring methodology balances costs, claims approval and plan types to find the best providers in the state.
Plan data was updated with the CMS exchange data released in October 2023 for the 2024 enrollment period.
Ambetter from SilverSummit has the best health insurance in Nevada with a MoneyGeek score of 58 out of 100. It also has the lowest out-of-pocket costs in Nevada. The provider has better management of plan claims than average, and its plans have good affordability in the state.
For our analysis, we looked at 52 silver plans in Nevada, comprising one Silver EPO plan and 51 Silver HMO plans.
Low out-of-pocket expenses
Few claims denied
Higher premium rates
Fewer plan types offered
MoneyGeek's top pick for the best health insurance in Nevada is Ambetter from SilverSummit. This provider offers 11 Silver HMO plans at an average plan rate of $515 per month and an average MOOP cost of $7,479.
Ambetter from SilverSummit's Silver HMO plans are available for those who prefer a more network-based approach to healthcare. These plans typically require members to seek care within their network of providers. The provider also has a denial rate of 0.15%, which lower than most of the competition.
Plan Recommendations
MoneyGeek recommends the following Silver plans:
Imperial Insurance Companies, Inc. offers the best health insurance in Nevada for low out-of-pocket costs with a MoneyGeek score of 57 out of 100. Compared with its competitors, the provider has plans that cost less, and it is better at approving claims.
For this analysis, we looked at 21 Gold plans in Nevada.
Few claims denied
MOOP costs are not competitive
Average premium rates
Limited plan types available
MoneyGeek's top pick for the best health insurance in Nevada for low out-of-pocket costs is Imperial Insurance Companies, Inc. This provider offers two Gold plans. These types of plans are known for having lower out-of-pocket expenses.
It offers an average plan rate of $586 and an average MOOP cost of $8,350. Imperial Insurance has a denial rate of 0%, which means it has a lower denial rate than most of the competition.
Plan Recommendations
MoneyGeek recommends the following Gold and Platinum plans:
SelectHealth, Inc. earned a score of 67 out of 100, making it the best cheap health insurance provider in Nevada. It has the cheapest plan options and denies fewer claims than most other providers.
We evaluated 52 Silver plans in Nevada for this analysis, including one Silver EPO plan and 51 Silver HMO plans. MoneyGeek gave greater weight to plans with low monthly premiums even though they often mean higher out-of-pocket costs.
Offers affordable premium rates
Limited plan options available
High maximum out-of-pocket costs
High frequency of claim denials
MoneyGeek's top pick for the best cheap health insurance in Nevada is SelectHealth, Inc. They offer five Silver plans, with an average plan rate of $403 and an average MOOP cost of $8,550. SelectHealth has a denial rate of 15%, which is lower than most of the competition.
SelectHealth provides HMO Silver plans. HMO plans usually require members to stay within the provider network for care.
Plan Recommendations
MoneyGeek recommends the following cheap Silver plans:
SelectHealth, Inc. offers the best health insurance in Nevada for young adults, earning a MoneyGeek score of 55 out of 100. The provider offers plans with competitive prices and has lower-than-average out-of-pocket costs. The rate at which the provider denies claims is also better than average.
We evaluated 37 Bronze plans and four Catastrophic plans for this category. Only individuals under the age of 30 can get Catastrophic coverage.
Offers affordable premium rates
Denies very few claims
Only offers HMO plans
MoneyGeek's top pick for the best health insurance in Nevada for young adults is SelectHealth, Inc. Young adults often choose lower coverage because they usually go to the doctor less than older people. SelectHealth, Inc. has six Expanded Bronze plans and no Catastrophic plans. The average cost of these plans is about $270 a month with a maximum out-of-pocket cost of $8,833 yearly.
SelectHealth, Inc. does not offer PPO or POS plans in Nevada, but their HMO plans can provide a network of doctors you can see without needing a referral first. The provider has a lower denial rate than most of the competition, at about 15%.
Plan Recommendations
MoneyGeek recommends the following plans for young adults:
Health insurance companies offer different plan types. The best providers for all plan categories in Nevada are:
MoneyGeek's recommendations only considered Silver plans. Silver plans typically offer a balance between monthly premiums and what you pay when you avail of health care. Silver plans work well for people who only sometimes need to go to the doctor or be prescribed medicine.
In Nevada, there is one Silver EPO plan and 51 Silver HMO plans.
MoneyGeek's top pick for the best health insurance in Nevada for Silver EPO plans is Anthem Health. They offer an average plan rate of $520 and an average MOOP of $7,600. Anthem Health has a higher-than-average denial rate of about 23%.
Silver EPO plans are similar to HMO plans because you need to stay with the doctors and hospitals in the plan's network, except in an emergency. But you often don't need a referral to see a specialist.
Plan Recommendations
We suggest the following Silver EPO plan from Anthem Health:
MoneyGeek's top pick for the best health insurance in Nevada for Silver HMO plans is Ambetter from SilverSummit. They offer an average plan rate of $515 and an average MOOP of $7,479. The company has a denial rate of almost 0%, which means it denies fewer claims than average.
Silver HMO plans are often less expensive each month, helpful for people who want lower payments and have doctors in the HMO network. But you must use doctors in the network, and if you need to see a specialist, you will need a referral.
Plan Recommendations
We suggest the following Silver HMO plans from Ambetter from SilverSummit:
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.
National General Accident & Health is our pick for Nevada’s short-term medical insurance due to its balance of cheap monthly costs and excellent customer satisfaction. This insurer offers an array of plan options to its policyholders.
Interested buyers may purchase plans with coverage spans as short as 30 days to a maximum of one year. These plans feature discounts, prescriptions and urgent care services. You can purchase a policy for yourself, your business or your family. Aside from short-term plans, the company also provides Medicare, fixed-benefit and supplemental coverages, plus policies specifically for dental, vision care, critical illness and accidents.
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.
Understand when a health insurance plan will cover you
In-network coverage means your health insurance pays more when you see doctors in the plan's network. Out-of-network coverage is when you see doctors not in the plan's network, and the insurance might not help pay for it.
Nevada has one EPO plan and 51 HMO plans. Some plans let you see any doctor but cost more. Other plans cost less but you must see doctors in the network.
Weigh the cost of premiums vs. the cost of care
Choosing the right health insurance is all about balance. Look at how much you pay each month and your max out-of-pocket costs based on what you need. Less money each month often means you pay more later if you need care often. Paying more each month can mean a lower MOOP, so you might save if you see the doctor frequently.
The Silver plan called Clear VALUE Silver has a MOOP of $5,400. This plan's monthly rate is $400, which is less than other Silver plans by the same company. A plan with low monthly costs and low MOOP is ideal, especially if the services are good.
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:
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.
According to MoneyGeek’s research, Ambetter from SilverSummit offers Nevada’s best overall health insurance for 2024. But the most suitable health insurance provider for you will depend on your budget and coverage needs.
When buying health insurance in Nevada, assess your coverage needs and choose a plan with a reasonable monthly premium and a MOOP (maximum out-of-pocket) you can comfortably pay. Policies in the less valuable tiers, like Bronze and Catastrophic, tend to have low premiums and higher out-of-pocket expenses. Different plan types feature varying out-of-network coverage restrictions, influencing your MOOP costs. HMOs have lower premiums and a restricted provider network. EPOs have a broader network with higher premiums.
About Mark Fitzpatrick
Mark Fitzpatrick has analyzed the property and casualty insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. Currently, he leads P&C insurance content production at MoneyGeek. Fitzpatrick has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
