All Three NH Health Insurers on Healthcare.gov Will Offer Deductible and Out-of-Pocket Expense Credits for Plan Changes
The New Hampshire Insurance Department announced today that all three health insurance companies offering plans on the Health Insurance Marketplace (Healthcare.gov) will offer deductible and out-of-pocket maximum expense credits for consumers who want to change plans within the same company due to increased affordability options as a result of the American Rescue Plan. The Department coordinated with Ambetter by NH Healthy Families, Anthem, and Harvard Pilgrim to resolve a deductible and out-of-pocket maximum re-set issue that would have occurred if consumers selected a different plan within the same company.
From April 1 to August 15, consumers can enroll for the first time, or resubmit their application on Healthcare.gov, to take advantage of lower monthly premiums and out-of-pocket expenses. All consumers who currently have a plan through Healthcare.gov are strongly encouraged to visit the website and reprocess their application. For many, this will generate the increased premium tax credit amounts that can be allocated toward the plan cost.
“This is an important resolution for Granite Staters that may be shopping for more affordable options on Healthcare.gov during the extended open enrollment period,” said Governor Chris Sununu. “I want to commend Ambetter, Anthem, and Harvard Pilgrim for providing these customer friendly protections proactively so that no one will lose the money they have already spent on their health care in 2021. This will extend more choice to New Hampshire residents who may want to select a plan with enhanced benefits as a result of lower costs.”
According to the U.S. Department of Health and Human Services, 22,900 uninsured New Hampshire residents are newly eligible for premium tax credits under the law and 1,000 uninsured residents are now eligible for $0 silver benchmark plans.