Purchasing Health Coverage in New Hampshire 2019Explore a variety of plans available to individuals, self employed, and small business owners
Compare coverage offered by Anthem, Harvard Pilgrim, AM Better, Medical Cost Sharing, Direct Primary Care, and short term medical plans.
Hello and welcome to our page! We are here to help you navigate the world of health insurance, and specifically plans and coverage available in New Hampshire for 2019. We understand this topic can be boring, but we also know that this is significant investment that needs to be done right. To put it bluntly, many people are paying far too much $$, or have no coverage because they were not aware of more affordable options available to them.
Healthcare coverage is not, and should not be one size fits all. People’s healthcare needs differ, and the right healthcare coverage can depend on these factors that include, age, pre-existing conditions, family size, out-of-pocket expenses, doctor/hospitals, financial assistance, health status and more. Below we will help you explore options which you probably know about, and coverage many do not even know exists. For example, have you heard of medical cost sharing or direct primary care doctors to help lower healthcare costs?
Below you will find an overview, it includes four ways to get healthcare coverage. Exploring each option below is a good first step. Scroll to the bottom after each category to find links to particular companies and there you can learn about each particular company that you would like to explore.
Remember we are here to help, if at any point you would like to connect, create request by completing the contact form at the bottom of the page. In the message section you can, schedule a time to connect, request a proposal, or ask a general question. In person appointments are also available by request. We respond quickly!
If you prefer to look at plans yourself, click on each particular company in the “links” section to explore more details or create quotes for yourself.
We invite you to use our website as your one stop resource to explore all your healthcare options available in New Hampshire and we hope to connect with you soon!
Catastrophic Coverage & What To Consider
What To Consider
When considering catastrophic healthcare coverage, there are two options: high deductible health insurance and medical cost sharing. When deciding which is best, the first question to answer is whether a pre-existing or chronic condition is prevalent? To the left is a video that will explain these options in greater detail and provide a real-life example. While higher in cost, a high deductible health insurance plan may be the best fit for some. Others, especially healthier individuals, may discover the lower cost alternative to health insurance, known as medical cost sharing, to be the best fit.
Catastrophic Coverage Defined
Catastrophic health insurance plans as defined by the ACA (ObamaCare) are only eligible to those under the age of 30 and meet specific guidelines.
Although it’s commonly understood by most that someone over the age of 30 looking for “catastrophic coverage” is in fact searching for coverage with a high deductible, or coverage with higher out-of-pocket costs.
Regardless, this health coverage has similar characteristics to a “catastrophic”plan. It simply is not defined as “catastrophic” by the ACA for those over the age of 30.
High Deductible Health Insurance
Looking only at insurance plans, a high deductible health insurance plan can leverage the lowest overall cost for catastrophic coverage. This type of plan will provide coverage for pre-existing or chronic conditions after the deductible is met. For 2019, the annual out-of-pocket maximum for these plans is $7,900 for an individual, and deductibles will vary from $6,000-$7,900 depending on the plan offered in a specific area.
Alternative Catastrophic Coverage
Fortunately for many, there is an alternative for catastrophic coverage which is even lower in cost. Medical cost sharing can be a great way to lower overall healthcare costs and exposure to a catastrophic medical need. Medical cost sharing, while it can alleviate a financial burden for many, is not always an option for everyone and should be carefully considered.
Medical cost sharing works best for those who are healthier, do not receive financial assistance, and are willing to pay for smaller medical needs out-of-pocket. Often families, self-employed, or small businesses benefit the most from medical cost sharing. Those who determine medical cost sharing to be a good fit will find an average 40-60% savings than with a traditional high deductible health insurance plan.