A little-publicized Nevada Law provides residents with a unique opportunity that doesn’t exist anywhere else in the Untied States. NRS 687B.480, which took effect January 2014, allows uninsured residents to buy an individual insurance policy any time during the year.

Elsewhere in the country, you’d need a qualifying life event—such as a marriage or loss of employer-sponsored coverage—to do that.

In this article, we’ll explore standard rules for open enrollment, how the Nevada law differs, and the advantages it brings to small businesses as well as to the state’s residents.