Ambetter from Louisiana Healthcare Connections Expands Health Insurance Offering to 22 Parishes

Rhea-AI Summary

Ambetter from Louisiana Healthcare Connections, a product offered by a Centene (NYSE: CNC) company, is expanding its health insurance offering to 22 parishes in Louisiana for plan year 2025. The open enrollment period runs from Nov. 1, 2024, through Jan. 15, 2025. The expanded coverage includes:

• Access to quality care, convenient services, and valuable rewards
• Coverage for all essential health benefits
• Virtual 24/7 Care for remote medical consultations
• Convenient online enrollment process
• My Health Pays program, allowing members to earn up to $500 in rewards
• Premier Network (formerly Ambetter Health Bronze|Silver|Gold network)

The expansion aims to provide affordable healthcare solutions to more Louisianans, offering a variety of plans to suit different needs.

Positive

• Expansion of health insurance offering to 22 parishes in Louisiana
• Comprehensive coverage including essential health benefits
• Virtual 24/7 Care for remote medical consultations
• My Health Pays program offering up to $500 in rewards
• Convenient online enrollment process

Negative

• None.

Insights

Health Insurance Analyst

Ambetter's expansion to 22 parishes in Louisiana for 2025 is a significant move that could positively impact Centene 's market share and revenue. This expansion provides access to affordable health insurance for more underinsured and uninsured populations, potentially increasing Centene's customer base in the state.

The offering includes comprehensive benefits such as essential health services, virtual care and the My Health Pays rewards program, which could enhance customer retention and satisfaction. The rebranding of the provider network to "Premier Network" suggests a focus on quality and could be a marketing advantage.

However, the impact on Centene's overall financial performance may be , given that this expansion is specific to Louisiana and represents only a fraction of the company's national operations. Investors should monitor enrollment numbers during the open period to gauge the success of this expansion and its potential contribution to Centene's bottom line.

Market Research Analyst

The expansion of Ambetter in Louisiana aligns with the broader trend of increasing access to affordable healthcare in the U.S. This move could strengthen Centene's competitive position in the state's Health Insurance Marketplace.

Key points to consider:

• The expansion covers diverse regions, including both urban and rural parishes, potentially capturing a wide demographic.
• The timing coincides with the open enrollment period, maximizing potential customer acquisition.
• The emphasis on digital enrollment and telehealth services caters to the growing demand for convenient healthcare access.

While this expansion is positive, it's important to contextualize its impact within Centene's overall operations. Louisiana represents just one state in Centene's multi-state portfolio. Investors should assess how this fits into Centene's broader strategy for growth and market penetration across the country.

More Louisiana residents will have access to a variety of affordable plans from Ambetter from Louisiana Healthcare Connections during open enrollment beginning Nov. 1

BATON ROUGE, La., Oct. 2, 2024 /PRNewswire/ -- Ambetter from Louisiana Healthcare Connections, a product offered by a Centene Corporation (NYSE: CNC) company, which provides insurance to under-insured and uninsured populations through the federal Health Insurance Marketplace®, will offer a variety of affordable health insurance plans to Louisianans in 22 parishes for plan year 2025. Open enrollment for the Health Insurance Marketplace in Louisiana runs from Nov. 1, 2024, through Jan. 15, 2025. Enroll by Dec. 15 for coverage starting Jan. 1, 2025.

"We are honored to bring our affordable healthcare solutions to even more Louisianans in the year to come," said Jamie Schlottman, Louisiana Healthcare Connections plan president and CEO. "With Ambetter from Louisiana Healthcare Connections plans, members can rely on accessible and convenient care that provides the coverage and support they need." 

Ambetter from Louisiana Healthcare Connections offers its members access to quality care, convenient services and valuable rewards. The 2025 benefits and offerings include:

• Affordable and Reliable Coverage
  Ambetter from Louisiana Healthcare Connections provides coverage for all essential health benefits, including preventive and wellness services, maternity and newborn care, pediatric services, mental health services, hospitalizations and prescription drug coverage. Some plans also include dental and vision coverage.
   
• Virtual 24/7 Care
  Virtual 24/7 Care offers members an Ambetter-designated licensed provider via telehealth for members to access care for illnesses such as flu, skin conditions, ear infections, fever and respiratory infections – all from the comfort of their own home.
   
• Convenient Online Enrollment
  Through the Ambetter from Louisiana Healthcare Connections website, people can browse and compare coverage options, determine their eligibility for financial subsidies and directly enroll in coverage – all in one place. The platform is accessible through mobile devices, so people can enroll using smartphones. If a person is unable to complete enrollment all at once, the system will save progress and provide reminders to finish enrollment.
   
• My Health Pays
  Members have access to the My Health Pays® program, where they can earn points for practicing healthy eating habits, staying active and leading a healthy lifestyle. Through the program, members can complete health-related activities and challenges and can earn up to $500 in rewards in 2025. These rewards can be used for health-related expenses such as premiums, copays and deductibles (pharmacy copays are excluded). My Health Pays also allows members to set and reach health goals at their own pace by providing seasonal suggestions for activities and guidance to help stay on track.
   
• Premier Network
  Beginning Jan. 1, 2025, the Ambetter Health Bronze|Silver|Gold network will become known as the Premier Network. Members can continue to rely on the same provider network with the doctors and hospitals they know and trust.

Below is the full list of parishes in which Ambetter from Louisiana Healthcare Connections will be offered in 2025:

• Ascension
• Beauregard
• Bossier
• Caddo
• Calcasieu
• Cameron
• East Baton Rouge
• East Feliciana
• Iberville
• Jefferson
• Jefferson Davis
• Orleans
• Plaquemines
• Pointe Coupee
• St. Bernard
• St. Charles
• St. Helena
• St. John the Baptist
• St. Tammany
• Washington
• West Baton Rouge
• West Feliciana

Louisiana residents interested in learning more about Ambetter from Louisiana Healthcare Connections or enrolling in a health plan during the open enrollment period may visit ambetterhealth.com/en/la.

About Ambetter from Louisiana Healthcare Connections
Ambetter from Louisiana Healthcare Connections serves under-insured and uninsured populations through the federal Health Insurance Marketplace®. Ambetter from Louisiana Healthcare Connections is underwritten by Ambetter Health of Louisiana, Inc., which is a Qualified Health Plan issuer in Louisiana. For more information, visit ambetterhealth.com/en/la. This is a solicitation for insurance. For information on your right to receive an Ambetter from Louisiana Healthcare Connections plan free of discrimination, or your right to receive language, auditory and/or visual assistance services, please visit ambetterhealth.com/en/ and scroll to the bottom of the page.

View original content:https://www.prnewswire.com/news-releases/ambetter-from-louisiana-healthcare-connections-expands-health-insurance-offering-to-22-parishes-302264485.html

SOURCE Ambetter from Louisiana Healthcare Connections

FAQ

When is the open enrollment period for Ambetter from Louisiana Healthcare Connections in 2024?

The open enrollment period for Ambetter from Louisiana Healthcare Connections runs from November 1, 2024, through January 15, 2025. To have coverage starting January 1, 2025, enrollment must be completed by December 15, 2024.

How many parishes will Ambetter from Louisiana Healthcare Connections (CNC) cover in 2025?

Ambetter from Louisiana Healthcare Connections will offer health insurance plans in 22 parishes in Louisiana for the plan year 2025.

What is the My Health Pays program offered by Ambetter from Louisiana Healthcare Connections (CNC)?

The My Health Pays program is a rewards system where members can earn points for practicing healthy habits. Members can earn up to $500 in rewards in 2025, which can be used for health-related expenses such as premiums, copays, and deductibles (excluding pharmacy copays).

What is the new name for Ambetter Health Bronze|Silver|Gold network starting January 1, 2025?

Beginning January 1, 2025, the Ambetter Health Bronze|Silver|Gold network will be known as the Premier Network. Members will continue to have access to the same provider network with familiar doctors and hospitals.