Nevada Silver Plans: Popular Middle Ground
Nevada Silver Plans are a popular choice for many people. More often than not, they provide the “best bang for your buck.” The affordable monthly premiums, mid-size deductibles, and discounted fees for commonly needed medical services make Silver Plans an attractive option for those trying to balance costs with benefits. If you have not yet received a quote, click Affordable Health Insurance for Nevada.
Nevada Silver Plans: Popular Middle Ground
The Silver Plan is best-suited for:
- An individual or family who mainly goes in for doctor visits, lab work, or x-rays or takes generic drugs.
- Someone who is relatively healthy.
- An individual or family who wants reasonable copayments for common services.
The Silver Plan may not be the best fit for an individual or family in the following scenarios:
- The Silver Plan rate is too expensive. If this is the case, consider enrolling on a Bronze Plan.
- A hospital stay or another expensive procedure is already anticipated. Then, it may make more sense to enroll in a health plan that doesn’t have a deductible, like the Gold or Platinum Plans.
4 Types of Silver Plans
There are four levels of Silver Plans: Silver 70, Silver 73, Silver 84, and Silver 94. The Silver 70 Plan covers standard benefits. The other silver plans are called “Enhanced Silver Plans”. They offer extra discounts, so members pay even less for medical services. Not everyone qualifies for enhanced silver plans. Eligibility is based on income, age, family size, and zip code. Generally, adults with an income of just above 138% to 250% of the Federal Poverty Level may qualify for enhanced benefits.
A Little More to Think About
If your income qualifies you for any of the Silver Enhanced Plans, the Silver 73, Silver 87, and Silver 94, then look carefully at the plan benefits. You will notice lower deductibles and copayments, which, often compared with the other metal plans, prove to be the best deal out there. And who doesn’t want to take advantage of a good deal?
If you are considering a PPO Silver plan, it is essential to note that when the doctor or other provider is not part of an insurance company’s network, the member’s cost for services will be higher. For additional information, please contact the carrier or our insurance agency.