New Hampshire Insurance Department releases preliminary details on 2015 marketplace
The exact details are still pending further approval at the state and federal level, but New Hampshire Insurance Department officials said the New Hampshire health insurance marketplace is expected to significantly broaden its range of plans, carriers and in-network hospitals next year.
With the addition of four new insurance carriers – Assurant Health, Harvard Pilgrim Health Care, Maine Community Health Options and Minuteman Health – more than 50 plans are expected to be available through the federally operated marketplace in 2015, said Jennifer Patterson, the insurance department’s life, accident and health legal counsel, at an information session yesterday. The proposed marketplace carriers are also expected to collectively serve all of the state’s 26 “acute care” hospitals, Insurance Commissioner Roger Sevigny said, and at least three of the carriers will likely be available at each of those institutions.
“Five carriers is a very healthy marketplace from our perspective,” said Michael Wilkey, the department’s director of compliance and consumer services. “We’re looking forward to having the challenges associated with people having the choice of 50-plus plans and five carriers on the exchange.”
All of the carriers interested in being included on the marketplace for 2015 were required to submit information about their rates and plans by Sunday for review, Patterson said, and the information presented by the department at this point is still preliminary. From here, she and other department officials said, the department will review the plans and recommend them to the federal government for final approval.
About 100 people – an audience made up largely of brokers, navigators and others who work in the industry – attended yesterday’s presentation on the proposed offerings at the University of New Hampshire School of Law in Concord, Communications Director Danielle Barrack said.
Another information session is scheduled for 9 a.m. tomorrow at the Mount Washington Valley Economic Council’s Tech Village, 53 Technology Lane, in Conway. A video of tomorrow’s session will be available online, and the information presented will also be available on the department’s website, Patterson said.
(Casey McDermott can be reached at 369-3306 or email@example.com or on Twitter @caseymcdermott.)