Concord, NH –February 20, 2015 – Some 52,944 New Hampshire residents enrolled in a plan for 2015 through the Health Insurance Marketplace between November 15, 2014 and February 15, 2015, according to Covering New Hampshire. Many were either renewing coverage obtained during the 2014 open enrollment, or getting healthcare coverage for the first time.
The State also expanded Medicaid coverage in 2014/15, through the New Hampshire Health Protection Program, with more than 34,000 adults signing up for coverage. Together, this means that more than 86,000 people selected plans made available under the Affordable Care Act in New Hampshire, greatly reducing the number of uninsured.
Some 70 percent of New Hampshire residents who were signed up as of January 30 qualify for an average tax credit of $251 per month through the Marketplace, and 67 percent of those enrollees, as of December 2014, could have obtained coverage for $100 or less after any applicable tax credits in 2015. The Health Insurance Marketplace is the only place to find insurance subsidies that lower the cost of health insurance premiums and in some cases, out-of-pocket costs like co-pays.
For 2015, four additional health care providers announced they would offer plans in New Hampshire’s Marketplace. These plans included coverage throughout the state and at all of New Hampshire’s hospitals. Every plan sold on the Marketplace contains several health benefits including:
This expanded coverage offers consumers more choices in health care providers and other benefits. And, some consumers may still qualify to sign up under special circumstances. A life change will allow many to enroll in health coverage. Examples of qualifying life changes are moving to New Hampshire, certain changes in income, and changes in family size (for example, if one were to marry, divorce, or have a baby). The next open enrollment period is October 15 through December 7, 2015 for 2016 health insurance coverage through the Affordable Care Act.
Those who do not have health insurance in 2015 will face tax penalties of $325 per adult, $162.50 per child, or 2 percent of their income, whichever is higher.
About Covering New Hampshire
Covering New Hampshire is the official, free resource for Granite Staters to learn about the Health Insurance Marketplace and the new, affordable health insurance plans that are now available. Covering New Hampshire aims to help people understand the new health care law and assist in connecting people with Health Insurance Marketplace. The organization also connects people with in-person assisters who will help them enroll and with organizations that can help them get coverage. For more information, go to coveringnewhampshire.org.