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Nevadans Prepare For Obamacare

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(Photo by Adam Berry/Getty Images)

(Photo by Adam Berry/Getty Images)

tate south Tate South
Email Tate at tate.south@cbsradio.com
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CARSON CITY, Nev. (AP) — Nevadans have their homework cut out for them to prepare for implementation of federal health care reform and a requirement that everyone have health insurance beginning next year.

State officials Wednesday released approved rates for health insurance policies that will be offered on and off Nevada’s health insurance exchange that begins enrollment Oct. 1 for coverage effective Jan. 1.

Determining how much it will cost depends on where you live, how old you are and annual income.

People making up to 400 percent of the federal poverty level can receive a federal tax credit that will offset the monthly premium. Policies must be purchased through the state exchange, called Nevada Health Link, to get the tax credit.

Consumer can begin comparing plans and costs on the Division of Insurance website.

 

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