Nevada Becomes 2nd State To Launch Public Health Care Option
President Joe Biden pledged he would create a federal public option healthcare plan while far-left candidates like Sens. Bernie Sanders (D-Vermont) and Elizabeth Warren (D-Massachusetts) backed the government-run “Medicare-For-All.” But neither his recent American Families Plan proposal nor his $1.9 trillion American Rescue Plan has included a federal public option.
His focus has been on adding federal subsidies to Obamacare to make them more affordable. The subsidies help reduce premiums for consumers. Generally, though, it does not necessarily expand healthcare access or curb its cost.
Last week, Nevada Gov. Steve Sisolak signed into law a bill that would make Nevada the second state to offer state-managed health insurance plans.
Washington was the first to do so in 2019.
The bill passed on May 30 through the Nevada Legislature. It will be in full effect by 2026.
This new law would require insurers that cover Medicaid recipients and state employees to also offer a public option plan. Subsequently, state officials would choose providers that would be in-network with the public option plan. This is might help expand healthcare to about 350,000 uninsured residents in Nevada.
The state would ask the selected providers to charge 5% less in monthly premiums than the average cost on the State Insurance Marketplace that had been set up with the Affordable Care Act.
Some critics, however, say that the law might cause practitioner shortages in healthcare facilities because doctors would have to accept patients at lower costs.