New data from the Nevada Division of Insurance shows that Nevadans who are insured through Nevada Health Link, the state’s ACA insurance marketplace, will likely see their premiums increase by an average 17.5% next year, a jump that is significantly higher than the 7.11% proposed increase for 2025. Over 110,000 Nevadans get their health care through Nevada Health Link. 

Insurance rate hikes are expected to happen across the entire county thanks to the impacts of Trump’s reckless tariffs and to Republicans letting premium tax credits expire. In 2021, Democrats expanded the value of, and eligibility for, tax credits designed to make getting health care under the ACA more affordable. They are set to expire after Republicans chose not to extend them in their “Big Beautiful Bill”, instead choosing to extend and make permanent tax cuts for billionaires. 

Joe Lombardo has supported Trump and Washington Republicans’ policies that are increasing health care costs for Nevadans. Lombardo has on multiple occasions praised Trump’s “Big Beautiful Bill”, saying Nevadans should be “excited” by it and thanking Speaker Mike Johnson for coming to Nevada to try to sell the bill. Lombardo has also come out in support of Trump’s reckless tariffs, even going so far as to say that Nevadans needed to “feel a little pain” from the tariffs. 

Read more below:

Nevada Current: Nevada health insurance premiums expected to rise 17.5% next year

Key points:

• Nevadans who get medical insurance through Nevada Health Link may see their premiums rise dramatically next calendar year, new data released by the state suggests.

• Nevada Health Link, formally known as the Silver State Health Insurance Exchange, is the state’s Affordable Care Act marketplace. The Nevada Division of Insurance on Thursday announced that carriers offering individual market plans through the exchange have proposed an average premium rate increase of 17.5%.

• That is a significantly higher rate hike than recent years. This time last year, the Nevada Division of Insurance announced a proposed average rate increase of 7.11% for 2025.

• The proposed rate hikes in Nevada are on track with national expectations. KFF reported that, among the 19 states whose proposed rate changes were available in mid-July, the median for premium increase requests was 15%. Insurers have cited the expiration of enhanced premium tax credits and the impact of tariffs as reasons for the hike, according to KFF.

• The enhanced premium tax credits were enacted in 2021 as part of pandemic relief measures, and increased the dollar amount of credit ACA enrollees received while also relaxing eligibility requirements. The enhanced credit was extended under the Inflation Reduction Act of 2022, but will expire at the end of this year.