Nevada senators call for saving health insurance credits - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Advertise
    • Contact
    • Editorial Staff
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Health/Employee Benefits News
Newswires RSS Get our newsletter
Order Prints
September 30, 2025 Newswires
Share
Share
Post
Email

Nevada senators call for saving health insurance credits

Jessica GarciaNevada Appeal

Nevada's Democratic Sens. Jacky Rosen and Catherine Cortez Masto are pushing to prevent the expiration of Affordable Care Act enhanced premium tax credits and the loss of Nevadans' health coverage.

Rosen and Cortez Masto held roundtable discussions Thursday and Friday with Nevada Health Centers representatives, insurance experts and tax credit recipients about impending financial costs and consumer burdens from cutoffs to Medicaid if the subsidies cease and premiums rise.

"It's all kinds of people across the spectrum, and in 2022, we fought to expand on the tax credits," Rosen said Thursday in Carson City. "So it's not just premiums that go up, but people get less insurance. Their deductibles may go up, so that's more out of pocket than that. They're getting hit and squeezed in a lot of ways."

The tax credits, or subsidies, benefit eligible individuals with incomes between 100% and 400% above the federal poverty level. The Biden administration supported legislation increasing expanded eligibility of tax credits in 2021. Marketplace enrollment saw a significant surge, doubling to about 24.2 million people this year while 90% of enrollees received the premium tax credits.

More than 100,000 Nevadans currently rely on coverage through the ACA marketplace and ultimately would feel the impacts, Rosen said during her introduction.

Cortez Masto on Friday said without the credits, more than 20,000 could lose their coverage, with an average Nevada family of four earning $56,000 a year and potentially see an increase of $205, or $2,460 per year, in insurance costs.

Panelists from both roundtables representing various health care organizations shared professional or personal experiences on the issue. Some were practitioners, policyholders or advocates working with customers who have been frustrated about coverage or missing enrollment windows for different circumstances.

Dr. Sangeeta Wagner, Nevada Health Centers chief integration officer, provides clinical management and research trials. Wagner said makes it challenging to provide patients who have manageable, preventable chronic illnesses with access to immediate care.

"It makes it harder for us providers to do our work," she told Rosen. "It makes it harder on the patients. It's overall a trickle-down effect in terms of then where do the patients go to get here? They're going to be going to the emergency room setting."

NHC is a federally funded nonprofit working in the state's urban and rural communities. The organization offers more than 20 locations, mobile health programs and seven Women, Infants and Children offices. NHC staff members told Rosen they won't turn anyone away despite inability to pay but loss of insurance affects patient health and creates hesitation to see doctors.

Self-employed attorney Sean McCoy, speaking with Cortez Masto on Friday, explained he previously worked in state and county government. However, his daughter was diagnosed with type one diabetes during the pandemic and his wife was diagnosed with a chronic illness. He described needing benefits flexibility that he couldn't receive from government work, so he entered the private sector and began using the Nevada Health Exchange.

Using the tax credits was his best option to access insulin and other medication his family depends on, he said.

"This is lifesaving medicine we're talking about," he said. "This isn't a luxury, you know. They need it to live. … I took the employer benefits for granted for years, and then having to come out on your own now, it's great to have the exchange and have that option, but without these credits, I don't see how families are going to be able to make that call and actually continue to get the insurance."

Latoschka Nether, Nevada senior grassroots advocacy manager for the American Cancer Society Cancer Action Network, shared with Cortez Masto the organization works to provide patients with access to essential coverage and affordable treatment. More than 700 cancer advocates this month gathered in Washington, D.C., to urge passage of the Multi-Cancer Early Detection Screening Coverage Act. Cortez Masto called it heartbreaking when patients with a diagnosis don't know what to do next after losing coverage.

Both senators also touched on the ongoing provider shortage to address greater access to services in outlying communities. Rosen this year has introduced legislation such as Specialty Physicians Advancing Rural Care (SPARC) Act supporting a student loan repayment program for specialist medical professionals and other acts to increase opportunities for graduates to enter medical residency slots when hospital closures take place in other parts of the country.

Rosen said it's important for advocates and those seeking coverage to keep sharing their stories to stress to keep from the tax credits expiring and access to resources for individuals and small businesses.

"We can't be silent when it comes to the dignity, kindness and compassion of giving people affordable health care," Rosen said.

Older

Austin Business Incubator Received $42K from the Federal Home Loan Bank of Dallas, Texas Capital and Encore Bank

Newer

Average marketplace health insurance cost on track to double, KFF says

Advisor News

  • Finseca and IAQFP announce merger
  • More than half of recent retirees regret how they saved
  • Tech group seeks additional context addressing AI risks in CSF 2.0 draft profile connecting frameworks
  • How to discuss higher deductibles without losing client trust
  • Take advantage of the exploding $800B IRA rollover market
More Advisor News

Annuity News

  • Somerset Re Appoints New Chief Financial Officer and Chief Legal Officer as Firm Builds on Record-Setting Year
  • Indexing the industry for IULs and annuities
  • United Heritage Life Insurance Company goes live on Equisoft’s cloud-based policy administration system
  • Court fines Cutter Financial $100,000, requires client notice of guilty verdict
  • KBRA Releases Research – Private Credit: From Acquisitions to Partnerships—Asset Managers’ Growing Role With Life/Annuity Insurers
More Annuity News

Health/Employee Benefits News

  • Cigna hails pharmacy deal with the FTC, battles elevated cost trends
  • Health care inflation continues to eat away at retirement budgets
  • Pharmacy benefit manager (PBM) reform included in government funding package
  • Health insurance CEOs say they lose money in Obamacare marketplace despite subsidies
  • Blood test for colorectal cancer screening now available for military in La.
More Health/Employee Benefits News

Life Insurance News

  • Equitable reports mixed results but looks ahead to a stronger 2026
  • U-Haul Holding Company Reports Third Quarter Fiscal 2026 Financial Results
  • MetLife Announces Full Year and 4Q 2025 Results
  • Somerset Re Appoints New Chief Financial Officer and Chief Legal Officer as Firm Builds on Record-Setting Year
  • Indexing the industry for IULs and annuities
Sponsor
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

LIMRA’s Distribution and Marketing Conference
Attend the premier event for industry sales and marketing professionals

Get up to 1,000 turning 65 leads
Access your leads, plus engagement results most agents don’t see.

What if Your FIA Cap Didn’t Reset?
CapLock™ removes annual cap resets for clearer planning and fewer surprises.

Press Releases

  • Prosperity Life Group appoints industry veteran Rona Guymon as President, Retail Life and Annuity
  • Financial Independence Group Marks 50 Years of Growth, Innovation, and Advisor Support
  • Buckner Insurance Names Greg Taylor President of Idaho
  • ePIC Services Company and WebPrez Announce Exclusive Strategic Relationship; Carter Wilcoxson Appointed President of WebPrez
  • Agent Review Announces Major AI & AIO Platform Enhancements for Consumer Trust and Agent Discovery
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Advertise
  • Contact
  • Editorial Staff
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet