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Minuteman Health plans to offer broad N.H. network on marketplace in 2015

  • CEO of Minuteman Health, Thomas D. Policelli, right, a relatively new insurance company which wants to sell plans on the NH Exchange next year, speaks at the New Hampshire Hospital Association on Wednesday, March 19, 2014.<br/> <br/>(ANDREA MORALES / Monitor staff)

    CEO of Minuteman Health, Thomas D. Policelli, right, a relatively new insurance company which wants to sell plans on the NH Exchange next year, speaks at the New Hampshire Hospital Association on Wednesday, March 19, 2014.

    (ANDREA MORALES / Monitor staff)

  • CEO of Minuteman Health, Thomas D. Policelli, a relatively new insurance company which wants to sell plans on the NH Exchange next year, speaks at the New Hampshire Hospital Association on Wednesday, March 19, 2014.<br/> <br/>(ANDREA MORALES / Monitor staff)

    CEO of Minuteman Health, Thomas D. Policelli, a relatively new insurance company which wants to sell plans on the NH Exchange next year, speaks at the New Hampshire Hospital Association on Wednesday, March 19, 2014.

    (ANDREA MORALES / Monitor staff)

  • CEO of Minuteman Health, Thomas D. Policelli, right, a relatively new insurance company which wants to sell plans on the NH Exchange next year, speaks at the New Hampshire Hospital Association on Wednesday, March 19, 2014.<br/> <br/>(ANDREA MORALES / Monitor staff)
  • CEO of Minuteman Health, Thomas D. Policelli, a relatively new insurance company which wants to sell plans on the NH Exchange next year, speaks at the New Hampshire Hospital Association on Wednesday, March 19, 2014.<br/> <br/>(ANDREA MORALES / Monitor staff)

Business leaders from across the state got their first chance Wednesday to say hello to someone who very much wants to be their friend.

Tom Policelli, CEO of Minuteman Health, came to Concord for a brief speech and meet-and-greet at the headquarters of the New Hampshire Hospital Association.

He stood behind a podium decked in his company’s signature orange signs with a logo meant to resemble spray-painted graffiti. It’s the same marketing materials the company uses in Massachusetts, and it will be the look of Minuteman Health in New Hampshire, too.

“It’s almost blinding, which is fine. We’re here to disrupt things. We’re not here to be subtle,” Policelli said.

The Massachusetts-based insurance cooperative has applied for a license to operate in New Hampshire selling policies both on and off the state’s marketplace for 2015. The state Department of Insurance has almost finished reviewing the application, according to a statement from Commissioner Roger Sevigny.

“We are pleased that marketplace customers are likely to have more choices in 2015 than they do today,” he said, noting that Harvard Pilgrim Health Care officials have also said that company plans to sell policies on the marketplace next year.

Anthem Blue Cross Blue Shield is the only company selling plans on the marketplace for 2014.

That monopoly and some other factors mean “right now, New Hampshire looks like a lot of opportunity,” Policelli said.

“New Hampshire has historically been a difficult market for carriers. Carriers have come in, had a rough time and left,” he said.

“But right now New Hampshire is so heavily consolidated, there’s a real opportunity for a value-oriented carrier to come in and present another opportunity,” Policelli said. “Do we think we are going to have 80 percent market share anytime soon? No, we don’t. Can we present an alternative that will be attractive to many people in the state? We believe we will.”

The company received $80 million for start-up costs and initial loss coverage as part of the Affordable Care Act to launch in Massachusetts and an additional $76 million to launch in New Hampshire.

Anthem raised the ire of many residents, politicians and local officials in New Hampshire by excluding 10 of the state’s 26 hospitals from its network for the new marketplace plans.

Policelli said Minuteman is still negotiating with providers in New Hampshire over membership on its network when it does launch, but it is committed to operating with a broad network.

“Our goal is to speak with every single one and try to get them all in on terms that will work with them and our members,” he said. “If the conversations in which we’re engaged now work out, we believe we will hit a competitive price point and have a broader network.”

(Sarah Palermo can be reached at 369-3322 or spalermo@cmonitor.com or on Twitter @SPalermoNews.)

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Legacy Comments8

Actually when making blank statements like trickle down economics does not work, you are leaving out a lot of information. A great economy benefits everybody. And there are many historical records to back it up. In those records are unemployment rates, how Wall Street was doing, average incomes, inflation numbers etc. The problem is we need balance. If you go to one extreme or the other politically you have problems. The right do it with wars, too many loopholes for business, and the left want more entitlement programs, mandates and EPA laws that cost jobs. And now their focus is on socialism. We have extremes here on both sides. That never works in anything. Center is best, everybody wins. Now if we can get folks into office that are not indebted to the folks who give the money, like the lobbyists. Maybe we can get someone to run with common sense, intelligence and manages to lead us forward. If you owe payback, then your indebted. That has got to stop period. Nothing is fixed, education, economy, getting folks out of poverty or anything. It is like all our leaders are playing gottcha games and we are paying the price. They all look like a bunch of peacocks strutting around and we are all tired of it. Playing macho games with each other. It is making the USA look pretty darn stupid.

You aint seen nothing yet..... 1) HEADLINE: Insurance Experts: Obamacare Premiums Set to Skyrocket 2) Health insurance premiums have risen more after Obamacare than the average premium increases over the eight years before it became law, according to the private health exchange eHealthInsurance….. deductibles and out-of-pocket costs like co-pays are also rising…… consulting firm McKinsey found that half of those who haven’t purchased health insurance yet this year cited their inability to pay the premium. 3) ObamaCare Forces You To Change Your IRS Filing Status – Married Enrollees *MUST* File Joint IRS Return… 4)

You are right. my head is exploding about the $150 million in tax money given to a private health company to expand its market. Where do I sign up for a government handout for my business? No subsidies for N.H. small business.

Is that the same as the $6 Billion given annually to Oil companies to sustain their record-breaking profits?

no

GWTW - care to expand on that answer? At this moment, I'm hearing "It's not the same because profits=good and obamacare=bad." Even though we've seen from the 40 year experiment that trickle-down economics does not work., except for a few incredibly rich people who, like spotted owls, must be carefully protected because they might, some day, create a job for someone else. Time for some bottom-up economics, methinks.

Is there a line item in the federal budget for the "$6 Billion given annually to Oil companies to sustain their record-breaking profits"...or is it more like the deductions claimed by every other business?

I hear right-wingers' heads exploding.

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