Insurers are raising the 2017 premiums for health plans sold through HealthCare.gov by an average of 25 percent nationally, but in NH, plans only went up 2 percent, according to a new report issued by the U.S. Department of Health and Human Services.
The average premium for the second-lowest cost silver plan for a 27-year-old in NH rose from $215 in 2016 in $219 in 2017, while nationally the rise was from $242 in 2016 to $302 in 2017. Click here for a story by the Washington Post about the new report. To read the full report from the U.S. Department of Health and Human Services, click here.
See an overview of the NH Marketplace below.
| Health Care Marketplace Overview | ||
| Indicator | NH | Nationwide |
| Percent of enrollees receiving a tax credit | 66% | 85% |
| Percent of enrollees who could have a monthly premium under $100 after tax credits | 49% | 77% |
| Number of insurance companies on NH exchange | 4 | |
| Average number of plans to choose from | 32 | 30 |
| Cost of second-lowest Silver Plan after tax credits (27-yr old making $25,000) | $142 | $142 |
| Cost of second-lowest Silver Plan after tax credits (Family of four making $60,000) | $405 | $405 |
| Average cost of the second-lowest cost silver plan for a 27-year-old | $219 | $302 |
| Increase in the average cost of second-lowest silver plan for a 27-year-old | 2% | 25% |
Source: U.S. Department of Health and Human Services
Current Issue - May 2024