Regardless of the uncertainty in the industry, all companies have indicated their intent to return. The New Hampshire insurance exchange won’t be following the trend of states losing insurers next year. Instead, the marketplace has managed to hang on to the companies currently selling health plans there. The uncertainty regarding the future of the Affordable Care Act caused doubts in some states. There are four insurers selling on the New Hampshire insurance exchange and each have now submitted their applications to do so next year. The New Hampshire Insurance Department…
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New Hampshire to investigate health insurance companies concerning substance abuse claims
State agency to investigate whether or not insurers are complying with state and federal laws The New Hampshire Insurance Department will be examining whether or not health insurance companies operating in the state are properly covering substance abuse service, as they are required to. Per the Affordable Care Act, insurers are required to provide the same level of coverage for addiction coverage as they do for typical medical care. New Hampshire has been looking to expand the substance abuse treatment and recovery services it offers in recent years and is…
Read MoreSmall businesses have worries about the rising cost of health insurance
Business owners voice their concerns to Senate committee about insurance costs Three small businesses recently spoke to the Senate Health Subcommittee on Primary Health and Retirement Security concerning the affect that the Affordable Care Act is having on the cost of health insurance coverage. According to these businesses, the federal role is riddled with problems that are making coverage extremely expensive. The growing costs of insurance coverage is making it more difficult for companies to provide coverage to their employees. It is less expensive to hire younger consumers due to…
Read MoreHealth care reform may be finding success in New Hampshire
Legislation concerning state’s health insurance exchange may no longer be needed New Hampshire lawmakers are considering the viability of a legislation that would allow the state to build and operate its own health insurance exchange. The state is required to have an exchange per health care reform law passed in 2010. The state has, however, opted to allow the federal government to build and manage this exchange. This means that New Hampshire has limited impact on the way that the exchange operates and how it affects the state’s insurance market.…
Read MoreHealth insurance hits legislative turmoil in New Hampshire
New Hampshire lawmakers remain divided on health insurance overhaul Health insurance plans in New Hampshire have been meeting some legislative problems recently. The state is tasked with complying with the Affordable Care Act, which has been somewhat of a difficult challenge due to the clashes that the federal law has with the state’s laws. This week, House and Senate negotiators have drafted a new bill that aims to replace an original legislation concerning the state’s role in the health insurance market. New bill seeks to attribute more regulatory authority to…
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