How Much is Health Insurance in Nevada?

Dec 21, 2023

How Much is Health Insurance in Nevada?

Understanding the costs associated with your health insurance is essential for making informed decisions about your health. If you’re a Nevada resident looking to explore your insurance options, you’re in the right place. In this post, we’ll be breaking down some key factors that can influence your health insurance costs in Nevada and answering some common questions you may have about terminology, eligibility, plan options, and more.

Common Health Insurance Costs 

Here are some must-know terms associated with your health coverage costs:

Monthly Premium

The amount you pay for health insurance every month.


The amount you have to spend on health services out-of-pocket before your insurance pays for anything (not including preventative services).


A fixed amount you pay after a covered health care service, like a prescription or a visit to the doctor’s office. Copays do not count toward your deductible.


Alternative to a copay, coinsurance is the percentage of a medical bill you pay after meeting your deductible— the remaining percentage will be covered by insurance. 

Out-of-Pocket Maximum

The maximum amount of money you’ll have to pay out-of-pocket for health services each year.

Factors Influencing Cost

The cost of your health and dental insurance depends on where you live, how many people are in your household and your household income. Click here to use our eligibility pre-screener tool and find out how much your health insurance may cost. If you need help figuring out your expected household income or determining eligibility, click here to read our blog on how to determine your eligibility for health insurance in Nevada.

Types of Plans

Nevada Health Link offers three levels of plans that vary in cost and coverage:

  • Gold: 20% cost-sharing (a higher monthly premium; lower costs when you need care).
  • Silver: 30% cost-sharing (a moderate monthly premium; moderate costs when you need care).
  • Bronze: 40% cost-sharing (a lower monthly premium; higher costs when you need care. Some carriers who do not offer plans on Nevada Health Link only offer bronze metal tier plans).
  • Catastrophic Plans: Catastrophic plans cover the same essential health benefits as other Nevada Health Link plans. Like other plans, catastrophic plans cover certain preventive services at no cost and can cover at least three primary care visits per year before you’ve met your deductible. Learn more about catastrophic plans with Nevada Health Link.

Click here to learn more about Nevada Health Link’s levels of coverage.

Financial Assistance

Nevada Health Link is the only health insurance resource in Nevada that can help you cover the cost of your insurance using federal tax credits and subsidies. You and your family may be eligible to receive financial subsidies through Nevada Health Link if your annual household income is between 138-400% of the Federal Poverty Level (FPL). Click here to learn more about income-based costs

Let’s take a look at the federal subsidies you may qualify for:

Cost Sharing Reduction (CSR)

CSRs are discounts or financial assistance that lower the amount you have to pay for deductibles, copayments, and coinsurance. If you qualify for this type of subsidy, be sure to enroll in a plan in the Silver category to be eligible for the extra savings.

Advanced Premium Tax Credit (APTC)

APTCs help to reduce the cost of your monthly premium. This type of federal tax credit goes right to your insurance company, making your monthly bills lighter from the very beginning.

If your income is below the 138% FPL, you may be eligible for Medicaid

Now that you’re in the know about the cost of your health insurance, why not find a plan that fits your needs and budget? Click here to start the enrollment process, or click here to find free enrollment assistance near you.