State of Nevada working with Extend Health
December 27, 2010
The state of Nevada will work with Extend Health to move Medicare-eligible retired government workers from group Medicare insurance to private coverage. In the process, the state expects to save $8 million and retirees will pay less for their Medicare gap insurance.
“By purchasing individual plans on a health insurance exchange, retirees will have more choice and control over their health care coverage, and the opportunity to select plans that are right for them,” according to James Wells, executive director of the Nevada Public Employees Benefit Program.
You can read more about the state’s decision in this Bloomberg Business Week article.