Following the second enrollment season for health insurance healthcare law launched by the President Barack Obama’s administration and slated to run from November 15 to February 15 next year, there are some five things you might want to know to better position yourself to benefit from the program. It is estimated that 6 million people will sign up for this program next year, and according to the Congressional Budget Office, this will make the total number of people that have registered to about 13 million.
Here are the five things you might want to know about the new health law overhaul in New Hampshire:
New Hampshire is not setting up any online insurance resource to manage the overhaul law, and will rather be partnering with the federal government to enlighten consumers while also managing health plan options. Why this region took this step is not too clear, but it might not be unconnected with what happened during the first enrollment period that ended in March 31, when Anthem Blue Cross and Blue Shield was criticized for excluding some hospitals through its narrow provider network.
The five provider networks that will offer health plans for families and individuals this time around are Anthem Blue Cross and Blue Shield, Assurant, Harvard Pilgrim Health Care, Maine Community Health Options, and Minuteman Health. Small businesses will also benefit from this health care plans through the Small Business Health Options Program (SHOP), but Assurant will be excluded from this provision.
It is estimated that private families and individuals will be able to choose from 40 available plans, but small businesses will have 21 plan options. Estimated premiums have also been worked by three out of the five companies, and premiums will vary based on individuals, deductible amounts, and co-payments. For instance, individuals of 40-years old that do not smoke will be paying between $270-$288 per month for the silver plan.
Although 10 out of the 26 hospitals in the state were included in the Anthem network, individual hospitals will belong to at least two networks by 2015 and half of the hospitals will belong to 4 networks while seven hospitals will be part of all the five networks.
Anyone can enroll for the new plans or renew that of 2014 by going to healthcare.gov, but the Covering New Hampshire’s website coveringnh.com will provide side-by-side comparisons of the plans and where to obtain further help. Bi-State Primary Care, Planned Parenthood, and Greater Derry Community Health are the certified counselors, among other insurance brokers, that can recommend particular plans for you.