Ambetter from NH Healthy Families Offers Health Insurance Statewide in New Hampshire in 2025

Rhea-AI Summary

Ambetter from NH Healthy Families, a product offered by a Centene (NYSE:CNC) company, has announced it will provide statewide health insurance coverage in New Hampshire for 2025. The open enrollment period runs from Nov. 1, 2024, through Jan. 15, 2025, with coverage starting Jan. 1, 2025, for those who enroll by Dec. 15.

The 2025 benefits include affordable and reliable coverage for essential health benefits, virtual 24/7 care, convenient online enrollment, the My Health Pays rewards program, and access to the Premier Network (formerly known as Ambetter Health Bronze|Silver|Gold network). Members can earn up to $500 in rewards through the My Health Pays program for practicing healthy habits.

Positive

• Expansion of health insurance coverage to statewide in New Hampshire for 2025
• Offering of virtual 24/7 care for convenient access to healthcare
• Implementation of My Health Pays program, allowing members to earn up to $500 in rewards

Negative

• None.

Insights

Healthcare Policy Analyst

The expansion of Ambetter from NH Healthy Families to offer statewide coverage in New Hampshire for 2025 is a significant development in the state's health insurance landscape. This move by Centene 's subsidiary aims to increase access to affordable healthcare options, particularly for under-insured and uninsured populations.

Key points to consider:

• Statewide availability could lead to increased market competition, potentially driving down premiums.
• The diverse plan options cater to various budgets and needs, which may help reduce the uninsured rate in New Hampshire.
• The inclusion of virtual care services aligns with the growing trend of telehealth, enhancing accessibility.
• The My Health Pays program, offering up to $500 in rewards, could incentivize preventive care and healthy behaviors, potentially reducing long-term healthcare costs.

While this expansion is generally positive for consumers, investors should monitor how it affects Centene's market share and profitability in the region. The impact on the company's financials will depend on enrollment numbers and the cost-effectiveness of the new plans offered.

Market Research Analyst

Centene's strategic move to expand Ambetter's presence across New Hampshire presents both opportunities and challenges for the company. The statewide coverage in 2025 positions Centene to capture a larger market share in the state's Health Insurance Marketplace.

Market implications:

• Potential for increased revenue through broader customer base and geographical coverage.
• Enhanced brand visibility and market penetration in New Hampshire.
• Competitive advantage through comprehensive offerings, including essential health benefits and value-added services like the My Health Pays program.
• Possible pressure on profit margins due to the need for competitive pricing in a expanded market.

Investors should watch for enrollment figures during the open enrollment period and subsequent quarterly reports to gauge the success of this expansion. The ability to attract and retain customers in this new statewide market will be important for Centene's growth strategy in the region.

New Hampshire residents will have access to a variety of affordable plans from Ambetter from NH Healthy Families during open enrollment beginning Nov. 1 

BEDFORD, N.H., Oct. 2, 2024 /PRNewswire/ -- Ambetter from NH Healthy Families, 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®, announced today that it will offer a variety of affordable health insurance plans statewide in New Hampshire for plan year 2025. Open enrollment for the Health Insurance Marketplace for New Hampshire runs from Nov. 1, 2024, through Jan. 15, 2025. Enroll by Dec. 15 for coverage starting Jan. 1, 2025.

"We are deeply committed to delivering healthcare that is affordable and available to ensure that individuals, families and communities can access the care they need," said NH Healthy Families interim Plan President and Chief Executive Officer, Christopher Cameron. "With Ambetter from NH Healthy Families' diverse array of plan options based on budget and need, more people can find the coverage that works for them."

Ambetter from NH Healthy Families offers its members access to quality care, convenient services and valuable rewards. The 2025 benefits and offerings include: 

• Affordable and Reliable Coverage
  Ambetter from NH Healthy Families 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 NH Healthy Families 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.

New Hampshire residents interested in learning more about Ambetter from NH Healthy Families or enrolling in a health plan during the open enrollment period may visit ambetterhealth.com/en/nh.

About Ambetter from NH Healthy Families
Ambetter from NH Healthy Families serves under-insured and uninsured populations through the federal Health Insurance Marketplace. Ambetter from NH Healthy Families is underwritten by Celtic Insurance Company, which is a Qualified Health Plan issuer in New Hampshire. For more information visit ambetterhealth.com/en/nh. This is a solicitation for insurance. For information on your right to receive an Ambetter from NH Healthy Families 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-nh-healthy-families-offers-health-insurance-statewide-in-new-hampshire-in-2025-302264745.html

SOURCE Ambetter from NH Healthy Families

FAQ

When is the open enrollment period for Ambetter from NH Healthy Families in New Hampshire for 2025?

The open enrollment period for Ambetter from NH Healthy Families in New Hampshire runs from November 1, 2024, through January 15, 2025. To have coverage starting January 1, 2025, individuals must enroll by December 15, 2024.

What benefits does Ambetter from NH Healthy Families (CNC) offer in its 2025 health insurance plans?

Ambetter from NH Healthy Families offers coverage for essential health benefits, virtual 24/7 care, convenient online enrollment, the My Health Pays rewards program, and access to the Premier Network (formerly Ambetter Health Bronze|Silver|Gold network) in its 2025 health insurance plans.

How much can members earn through the My Health Pays program with Ambetter from NH Healthy Families (CNC) in 2025?

Members of Ambetter from NH Healthy Families can earn up to $500 in rewards through the My Health Pays program in 2025 by practicing healthy eating habits, staying active, and leading a healthy lifestyle.

What is the new name for Ambetter Health Bronze|Silver|Gold network in 2025 for Ambetter from NH Healthy Families (CNC)?

Beginning January 1, 2025, the Ambetter Health Bronze|Silver|Gold network will be known as the Premier Network for Ambetter from NH Healthy Families.