Daily News Updates - Health Insurance News

Scaled-Back Health Insurance in Nevada, Pt.3 --  A new strategy.

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40 percent of the new plans with HSAs sold by Golden Rule, nationally, were sold to those without health insurance. There is a very large presence in Nevada who must depend on private health insurance, according to Ms. Laden. Many of them are employed in small business. There are many more entities than these, states Ms. Laden – “farmers, ranchers, truckers, self-employed consultants,” shop owners and tourism businesses. This whole group has to depend on private health insurance.

So, these are the equitable private insurance plans offered by Golden Rule. They’re high-deductible plans that have cheaper premiums. They offer an HSA option with the traditional co-pays. They offer substantial savings with some of their options. The “price breaks” include a “saver” plan which covers things like hospital stays, CAT scans and even outpatient surgeries. These can be a great cost savings. They do place limits on visits to the doctor, which cuts down on too many routine treatments, which can add up. Two options offer very affordable premiums: One plan for $54 per month which carries a $2,500 deductible and the other plan at $95 per month which drops the deductible down to only $1,500.

Of course, the most preferred category for private insurance companies to cover is the young, healthy people. “The young and invincible”, as Mohit Ghose calls them. Mohit is a spokesperson for America's Health Insurance Plans. They are a trade group. He describes these people as the “20-somethings who frequently opt out of company health insurance because they believe it's an unnecessary expense.”

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