Wealthy Nevadans are not exempt from healthcare uncertainty in the face of the Patient Protection and Affordable Care Act.
This is according to the 11th installment of the “High Net Worth Report” released by The Private Bank by Nevada State Bank. One major impact will be a 0.9 percent increase in payroll taxes for those making $200,000 or more. Changing delivery systems and a lack of in-state specialists also create concern.
“Nevada reports only 66 medical specialists per 100,000 residents, compared with the national average of 97. The shortage in specialists commonly requires some residents to leave the state in order to receive care, particularly for complex procedures,” said Russell Price, executive vice president of The Private Bank by Nevada State Bank. “Unfortunately, this often results in a dual negative effect of higher costs for patients and a loss of income that otherwise would have stayed in our local economies. Many high-end households may be underestimating the out-of-pocket expenses they will incur during retirement. When it comes to financial planning for health care needs, being well-informed and starting the process early are key.”
CLICK HERE TO READ THE ENTIRE STATEMENT
More News from Around the State
Irene Lambris, M.D., Joins HealthCare Partners Medical Group, Moves to Craig Clinic
Benito Calderon, M.D., Joins HealthCare Partners Nevada Affiliate Network
HealthCare Partners Primary Care Clinics Recognized As NCQA Patient-Centered Medical Homes
Water Well Design and Construction Workshop Scheduled for Nov. 1
Gordon Silver Honored at 2013 Champions of Justice Awards
PurpleLight Las Vegas to be Held at The District at Green Valley Ranch
$3.75 Million Net-Leased Property Sale Arranged by Marcus & Millichap
Henderson Chamber Announces 14th Leadership Henderson Class
Nevada Women’s Philanthropy Grants $350,000 to Nevada Partnership for Homeless Youth
The District at Green Valley Ranch to Host Fall Festival
The Glenn Group Welcomes Chris Scott
CALV, AOK Volunteer to Clean Up W. Flamingo Park
Dunkin’ Donuts Las Vegas Holds ‘Adopt-A-Family’ Drive to Benefit Nevada Childhood Cancer Foundation
Urology Specialists of Nevada kicks off Canned Food Drive
Vegas PBS Presents The African Americans: Many Rivers to Cross with Henry Louis Gates, Jr.
CM Partners LLC Buys Mixed Use Building in Henderson
Arroyo North Business Center Adds New Tenant
Allegiant Air Signs 36-month Lease
Puliz Moving and Storage Co Renews Lease in North Las Vegas
Shears Litho Inc Joins Promotory Corporate Plaza
Dudziak Murphy LLC Signs $950,000 Industrial Lease
PGAL, LLC Wins 2013 Nevada AIA Design Award for New McCarran Terminal
The District at Green Valley Ranch to Celebrate Fall with Series of Events
Debbie Leonard Elected Chair of Appellate Litigation Section of State Bar of Nevada
