COBRA is a federal law that applies to businesses with 20 or more employees. This law compels employers to provide their group health plan to workers and their families after that insurance would normally end. In Nevada, you may continue your work health insurance after you quit your job, are involuntarily terminated or have your hours reduced where you no longer qualify for the employer subsidy.
About Nevada’s Mini-COBRA Insurance Law
When the federal COBRA law doesn’t apply, Nevada state statutes gives workers of businesses with 19 or fewer employees the right to continue their employer-sponsored health insurance. The caveat to the Nevada law covering small employer businesses is that the insured worker must have had continuous creditable health coverage for the preceeding 12 months before the insurance would end.
Nevada’s laws regarding qualifying events and time allowed for COBRA continuation is the same as the federal Act.
Affordable Temporary Health Insurance
If you are fairly healthy and still want to remain insured, alternatives to COBRA insurance may be available based on where you live. Short-term health insurance is a popular option and available in most States. This can protect you from high medical costs of new injuries or new illnesses that unexpectedly occur while allowing you to use any licensed doctor. Coverage is available up to $1 million per person. For more information and pricing, you can call us at 1-877-262-7241 or complete a free quote online.