Carson City, NV July 25, 2023
Friday Health Plans of Nevada
(FHP-N) has begun winding down its operations in Nevada, and the Receiver is
asking the Court to place FHP-N in liquidation. The Court has ordered a
liquidation date of September 1, 2023.
Coverage for existing FHP-N members will end at midnight on August 31,
2023. A special enrollment period
will open for existing FHP-N members to enroll in a new health insurance policy
on Nevada’s Silver State Health Insurance Exchange (Exchange), the state agency overseeing the online
health insurance marketplace, NevadaHealthLink.com, before the current coverage is terminated.
The special enrollment period through
NevadaHealthLink.com is open now through October 31, 2023, for any Nevadans
who lost health insurance through Friday Health Plans, including those with
plans on or off the Marketplace. Consumers can visit NevadaHealthLink.com
or call 1-800-547-2927 to
shop for and enroll in a new plan and take advantage of tax credits or
subsidies they may qualify for based on income.
“Nevada Health Link is committed to offering quality and
affordable health insurance options. We have a network of over 700 brokers and
seven navigator entities across the state offering free enrollment assistance to any Nevadan who will experience a loss of coverage from Friday Health
Plans,” says Katie Charleson, Communications Officer for Nevada Health Link. “Nevada
Health Link partners with six insurance carriers offering nearly 100 different
Qualified Health Plans options on NevadaHealthLink.com, all plans cover the 10
essential health benefits. We encourage Nevadans to explore online or talk to
an enrollment assister to find a new health plan that best fits you and your
family and to see if you qualify for subsidies to help lower the cost of
monthly premiums.”
To avoid a gap in coverage,
FHP-N members must enroll in a new health insurance plan on or before August
31, 2023. Consumers who fail to enroll in a new
health plan by this date will still have until October 31, 2023, to purchase
health insurance, but they may experience
a gap in coverage.
IMPORTANT DATES
July25, 2023 Special Enrollment Period
Begins
August 31, 2023 Last Day to
Enroll Without a Gap in Coverage
August 31, 2023 Friday
Health Plans of Nevada Coverage Ends
October 31, 2023 Last Day of
Special Enrollment Period
November 1, 2023 Open Enrollment Period on Nevada Health Link Begins
Providers should continue to
service all FHP-N members through August 31, 2023, and should not demand
payment other than the proper cost share associated with the medical service
and relevant health plan. Once in liquidation, the Nevada Life and Health Insurance
Guaranty Association will address provider claims for services performed on or
before August 31, 2023, in accordance with the policy and Nevada law.
FHP-N is a Nevada-domiciled
health insurance company and a subsidiary of Colorado-based Friday Health Plan
Group. As of July 25, 2023, FHP-N has approximately 3,000 enrollees
in Nevada.
For more information, please
visit the updated FAQs website at fridayhealthplansofnevada.com.
About the Nevada Division of Insurance
The mission of the Nevada Division of
Insurance is to protect the rights of Nevada consumers in their experiences
with the insurance industry and to ensure the financial solvency of insurers.
For more information about the Division of Insurance, visit DOI.NV.GOV or
follow the Division on Twitter, Facebook, LinkedIn, or Instagram.
About Nevada Health Link
NevadaHealthLink.com is Nevada’s online health insurance marketplace for
qualified and affordable health plans. NevadaHealthLink.com is operated by the state
agency, the Silver State Health Insurance Exchange, and is the only place where
qualifying consumers can receive federal tax credits to help lower the costs of
monthly premiums. The state-based marketplace offers nearly 100 different plan
options across six health insurance carriers. Nevada Health Link also partners
with multiple dental carriers and offers vision plans through VSP. Nevada
Health Link is ideal for those who do not qualify for Medicare or Medicaid and
do not have employer-sponsored health insurance. Open Enrollment Period runs
from November 1 through January 15. Outside of the Open Enrollment Period,
Nevadans who have experienced a Qualifying Life Event (QLE) such as loss of
insurance (including Medicaid determinations or Friday Health Plans unwinding),
getting married or divorced, moving or having a baby, can qualify for a Special
Enrollment Period. For Nevadans who are not renewed for Medicaid benefits
during the redetermination process, qualifying accounts will automatically be
transferred to Nevada Health Link. For more information, visit NevadaHealthLink.com; subscribe to Nevada
Health Link's YouTube channel; like us on Facebook or follow on Twitter, Instagram and TikTok. Nevada Health Link encourages consumers to use the
free assistance of a licensed enrollment professional by calling 1-800-547-2927
or by visitingNevadaHealthLink.com.
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