• Advertisement

NH Insurance Department Announces Companies That Have Filed to Offer 2018 Marketplace Plans

Concord, NH – The New Hampshire Insurance Department has received initial form filings from insurance companies that intend to offer medical and dental plans on the 2018 New Hampshire Marketplace (HealthCare.gov).

Four companies have applied to offer individual plans: Ambetter from NH Healthy Families, Anthem, Harvard Pilgrim, and Minuteman Health. Three companies have applied to offer small-group plans to groups of 50 employees or fewer through the Marketplace’s Small Business Health Options (SHOP) program: Anthem, Harvard Pilgrim, and Minuteman Health. Two companies have applied to offer dental insurance, both as individual plans and through SHOP: Anthem and Delta Dental.

New Hampshire’s Health Insurance Marketplace is run by a partnership between the federal government and the state. The Insurance Department reviews forms and rates and then recommends them for final approval by the federal government, which operates the Marketplace. May 12 was the deadline for insurance companies to submit initial form filings to the Insurance Department; companies have until June 2 to submit initial rate filings to the department. The Insurance Department will make its final recommendations to the federal government by September 27, and the federal government will formally sign off on plans by October 12. Open enrollment for 2018 individual plans will take place between November 1 and December 15. (SHOP plans can be purchased by an employer at any time throughout the year.)

By law, the Insurance Department cannot release rate information for 2018 Marketplace plans until November 1. If any proposed rates reflect an increase of 10% or more above last year’s rates, the federal government, through the Centers for Medicare and Medicaid Services (CMS), will publish information about them, likely sometime this summer: https://ratereview.healthcare.gov/.

However, the Insurance Department will host two information sessions in June on the health care provider networks likely to be available through Marketplace plans in 2018. The first session will take place Monday, June 26, from 10-11 a.m. in Concord, at the Brown Auditorium, 129 Pleasant St. The second will be held online on Wednesday, June 28, from 11 a.m. to noon. For more information, and to register for either session: https://www.nh.gov/insurance/media/pr/2017/documents/050917-release-nhid-2018-networks-information-sessions.pdf


About the New Hampshire Insurance Department

The New Hampshire Insurance Department can help residents with questions or concerns about their existing coverage. To speak to a member of the Consumer Services Department, call at 603-271-2261 or email consumerservices@ins.nh.gov.

The New Hampshire Insurance Department’s mission is to promote and protect the public good by ensuring the existence of a safe and competitive insurance marketplace through the development and enforcement of the insurance laws of the State of New Hampshire. For more information, visit www.nh.gov/insurance.

NH Insurance Department to Hold Nov. 4 Annual Public Hearing on Health Insurance Premiums

Hearing Will Focus on Pharmaceuticals as a Cost Driver in New Hampshire

CONCORD, NH – The New Hampshire Insurance Department will host its annual public hearing on health care costs and payment systems from 9 a.m.-2:45 p.m. on Friday, November 4, 2016, at the University of New Hampshire School of Law in Concord.  

According to state law, the Insurance Commissioner “shall hold an annual public hearing concerning premium rates in the health insurance market and the factors, including health care costs and cost trends, that have contributed to rate increases during the prior year.”

This year’s public hearing is based on data and information available in 2015. The hearing will focus on prescription drugs as a cost-driver.  

“The New Hampshire Insurance Department’s annual hearing is an important tool to increase transparency and foster dialogue on health care costs in New Hampshire,” said New Hampshire Insurance Commissioner Roger Sevigny. “Each year, we convene health insurance companies, health care providers, members of state government, and New Hampshire residents to examine what’s behind higher health care costs in the state and what can be done about it. I encourage anyone who is interested to attend, either in person or remotely.”  

The health insurance consulting firm Gorman Actuarial will discuss the major findings from the 2015 data submitted by health insurance companies in New Hampshire in preparation for the hearing.  

Three separate panel discussions will focus on pharmaceuticals:

  • Drug Pricing, Clinical Effectiveness, and the Need for Transparency: The panel will feature an independent physician and a representative from the Institute for Clinical and Economic Review.
  • Pharmaceuticals, Payments, and Benefit Management: The panel will feature representatives from MedImpact, Cigna, and PhRMA.
  • Insurance Carriers: Representatives from Anthem and Harvard Pilgrim will discuss pharmacy benefit management, product design, and treatment alternatives. 

The Department also will present updates to its NHHealthCost.org website, a health care transparency tool developed to help consumers understand their actual costs for health care services throughout the state.  

The hearing is open to the public, although seating is limited. Live streaming of the event is planned. Reserve a seat to attend the event in person, or register for the livestream option. 

More information on the event can be found on the Insurance Department website: http://www.nh.gov/insurance/media/events/2016-annual-hearing.htm  

About the New Hampshire Insurance Department

The New Hampshire Insurance Department’s mission is to promote and protect the public good by ensuring the existence of a safe and competitive insurance marketplace through the development and enforcement of the insurance laws of the State of New Hampshire. For more information, visit www.nh.gov/insurance.

As Storm Approaches, NH Insurance Department Urges Residents to Be Prepared

Concord, NH – As Hurricane Joaquin approaches the East Coast, New Hampshire Insurance Commissioner Roger Sevigny urges Granite State residents to be prepared.

“People should monitor local news outlets for updated information on the storm,” Commissioner Sevigny said. “And it always pays to be prepared: Keep bottled water and nonperishable food on hand, along with a first aid kit, flashlights, and a battery-powered radio. Locate the nearest available storm shelter, and decide on a communications plan and meeting places for your household.” 

The Insurance Department advises residents facing a potential storm like Joaquin to create a mitigation plan, to lessen the possible damage:

  • Survey your home and the area around it to identify and remove objects like yard debris that could compound damage in high winds.
  • Keep a list of 24-hour contact information for your insurance agent and insurance company. Make a list that includes your policy numbers, your insurance company’s and insurance agent’s phone numbers, website addresses and mailing addresses. Also, check to see if the company or your agent has set up an emergency information hotline, in case of storm damage. It’s a good idea to store this information, and a home inventory, in a waterproof/fireproof safe or a safe deposit box, and consider sending an electronic copy to someone you trust: If you have to evacuate your home, you want this information to be easily available to you.

  • A home inventory is one of the best ways to ensure you have adequate coverage on your home and belongings. It also makes filing an accurate claim easier. The National Association of Insurance Commissioners offers a free, printable checklist and a free mobile home inventory app on its website to help people create and maintain home inventories – visit https://insureuonline.org/insureu_type_home.

  • Plan for your loved ones’ needs in advance.  Ask schools, hospitals, nursing homes and day care facilities about their emergency plans and how they will keep your loved ones safe. 
  • If you or someone you know needs assistance to receive and respond to emergency alerts and to safely evacuate in an emergency, work with family members, neighbors, friends, service providers and coworkers as partners in planning strategies to assist.

For more information, visit the state’s emergency preparedness website, http://readynh.gov. For information on flood insurance and coverage, please see the Insurance Department’s recent guidance: http://www.nh.gov/insurance/media/pr/2015/documents/081215.pdf

 

Additional online resources: 

The New Hampshire Insurance Department Can Help

Contact us with any questions or concerns you may have regarding your insurance coverage at 1-800-852-3416 or (603) 271-1406, or by email at consumerservices@ins.nh.gov. If you wish to file a grievance, you may call, email, or submit a complaint electronically or by mail or fax: http://www.nh.gov/insurance/consumers/complaints.htm. 

The New Hampshire Insurance Department’s mission is to promote and protect the public good by ensuring the existence of a safe and competitive insurance marketplace through the development and enforcement of the insurance laws of the State of New Hampshire. For more information, visit www.nh.gov/insurance.

 

  • Subscribe to the NH Labor News via Email

    Enter your email address to subscribe to this blog and receive notifications of new posts by email.

    Join 200 other subscribers

  • Advertisement

  • Advertisement