2023 Open Enrollment Period Premium Rates

 New Hampshire kicked off the Open Enrollment Period for Granite Staters who are seeking individual health coverage on the Affordable Care Act (ACA) Individual Marketplace. The Open Enrollment Period runs from Tuesday, November 1, 2022, through Sunday, January 15, 2023.

“This is a great opportunity for Granite Staters who do not have health insurance through their employer, Medicare, or Medicaid to enroll in the Individual Marketplace and comes at a critical time as the Medicaid redetermination process is likely to begin again next year,” said Christopher  T. Nicolopoulos. “For the third year in a row, the 1332 Waiver has resulted in premiums for the individual market being the lowest in New England, helping more people get access to the healthcare they need.”

New Hampshire offers free enrollment assistance through NH Navigator programs. To contact an insurance navigator go to https://acanavigator.com/nh/home  or call 1-877-211-NAVI Or  https://www.hmcnh.com/  or call 1-603-309-2021

NHID references the age 40 nonsmoker second-lowest cost Silver plan (SLCSP) rates as the barometer for market premiums. For 2022, the SLCSP was $308.57. The 2023 SLCSP premium rate is $322.70, a 4.6 percent increase over 2022. The department worked with carriers to reduce their requested rate increase by 5 percent. Despite the increase, overall premiums remain the lowest among the New England states. The premium rate can be attributed in part to overall market trends, and in part to the approval of the Department’s Section 1332 Waiver designed to lower rates in the individual market and to provide market stability in the future.

All three insurance companies currently in New Hampshire’s marketplace will return to offer individual plans: Anthem, Ambetter from NH Healthy Families, and Harvard Pilgrim Health Care. Premiums will vary by plan, based on the included benefit design. Premium subsidies remain in place, along with a three-year extension (2023-2025) of the ARPA eligibility enhancement by the passage of the Inflation Reduction Act. 

Plans can also be purchased through an insurance agent or directly from an insurance company, although those plans are not eligible for ACA price reductions based on income and other circumstances.  Those seeking coverage can visit the federal insurance exchange at www.healthcare.gov, where consumers can compare and purchase various health and dental plans. Many consumers will be eligible for assistance covering premiums, out-of-pocket costs, and deductibles.