Health Care Costs, News & Updates, Public Option, State Efforts
USofCare Overview of Nevada’s Recent and Promising Public Option Actuarial Analysis
In June 2021, Nevada Governor Steve Sisolak signed into law legislation making Nevada the second state to establish a public health insurance option, or “public option,” to lower health care costs for people in the Silver State. On September 23, he joined a panel to discuss the findings of a recent analysis outlining the public option’s impact on health care costs and coverage, including up to $464 million in savings over the first five years of the plan and coverage for up to 92,500 Nevadans over the same period.
In the overview below, USofCare summarizes the main points of the analysis and highlights the public option’s benefits to Nevada families. We will continue to work with partners on the ground in Nevada to ensure the public option is implemented in a way that is equitable, affordable, and accessible.