More Competition Coming To New Hampshire's Insurance Market
Consumers will have more health insurance options in New Hampshire starting in 2015. Massachusetts-based non-profit Minuteman Health says it plans to compete in the state’s exchange with a wide network of hospitals.
CEO Tom Policelli says his company has already begun talks with many of the state’s providers.
“We believe that we can come into New Hampshire and offer a much more broad network than Anthem has, and still deliver an excellent price point, and that’s what we intend to do,” says Policelli.
Anthem is the only company selling products in 2014.
Another Massachusetts-based non-profit, Harvard Pilgrim Health Care, also says it’s planning to enter the marketplace in 2015.
Minuteman is getting a $67 million federal loan to support its expansion.