New Hampshire Affordable Health Insurance Quotes
Find individual coverage and cheap family plans. Compare coverage.

Affordable New Hampshire health insurance quotes are now just a few clicks away. Health Insurance Online connects you with leading New Hampshire Health insurance companies who provide you with free, no obligation quotes. Simply complete the "Get Free Quotes" form at the top of the page, compare individual and family health insurance plan options, and then select the health insurance policy that is right for you. New Hampshire health insurance plans include Health Maintenance Organization Plans (HMO Plans), Preferred Provider Organization Plans (PPO Plans), Health Savings Accounts (HSA) and many others. It's now possible to find cheap health insurance in New Hampshire by shopping all your health insurance options. There are many great resources to explore on Health Insurance Online that will help educate you about health insurance.

In a nutshell, health insurance is the difference between protecting your financial future and losing it. With health insurance, you can rest assured that you will not have to pay out of pocket for unexpected medical expenses. With a health insurance policy, you are guaranteed medical expense coverage in exchange for a monthly premium and a copayment.
The insurance company can guarantee complete coverage for your medical expenses because they group your insurance premiums with those of other policy holders. The combined premiums form a reserve of funds that the insurance company uses to fulfill its obligation. Since not all policy holders who are paying premiums will actually have health expenses that year, there is more than enough money in the reserves to cover those that do.

Why New Hampshire Residents Need Health Insurance

According to the New Hampshire Department of Health and Human Services, residents of counties like Carroll, Coos, Sullivan and Merrimack counties experienced an increase in motor vehicle accidents between 2003 and 2004. A large number of these accidents have resulted in an unexpected hospitalization. How would you pay for an unexpected hospitalization without health insurance?
An inpatient stay at a hospital can cost as much as $2,400 for one, 24 hour period. That estimate doesn’t include ambulance rides, medications, MRI’s, EKG’s and other procedures. The cost of paying for the hospital stay and any necessary procedures out of pocket could be detrimental to any savings account. With a health insurance policy, you’re only responsible only for your co-pay, providing you’ve paid your insurance premiums each month to prevent lapse.

Your Options for Health Insurance Coverage in New Hampshire

• Many factors will go into your search for the perfect health insurance plan. If you break down some of the more complex options, it should become a clear choice. It's easy to become overwhelmed by all of your options for coverage, but the handy list below should help you pick through the tougher aspects and make some decisions.
• Group Insurance: Group insurance is a less expensive option for individuals who have employers that sponsor the plan. Generally, the employers will pay a portion of the premium which helps to subsidize your portion of the premium. Additionally, group insurance is underwritten based on the experience of similar groups rather than on the health history of you as an individual. If you have chronic health conditions that make you uninsurable, this could work in your best interests. If you leave the group, you will have access to COBRA which gives you continued coverage for a limited time after you leave the group.
• Individual Insurance: Individual insurance is a great option, especially for those who are in good health and are free of pre-existing conditions. Individual policies can also include riders so that you can cover your spouse and children on the plan. individual insurance is underwritten based on your individual health. Your hobbies and vocation will also be considered. You may be charged additional premiums if you present a higher risk to your insurer.
• PPO versus HMO: Preferred Provider Organizations (PPO) and Health Maintenance Organizations (HMO) are slightly different ways that insurance companies pay for your treatment. With an HMO, you are restricted to visiting in-network physicians and clinics in order to be covered by insurance benefits. When you are covered under a PPO, you can get full benefits when you visit in-network physicians and clinics, and partial coverage when you visit those who are out-of-network.
• Major Medical Insurance: Major medical insurance is a good choice for people who are not concerned with pre-existing conditions or routine physician visits. Major medical policies cover only accidents and unexpected illnesses or injuries. Hospital stays, certain medical procedures, and emergency care are generally covered by a major medical insurance policy.
• Medigap: If you over the age of 65, then you are covered by Medicare. Medicare doesn’t cover everything you may need or want, and that’s where Medigap insurance comes in. Whether it’s acupuncture, medically related travel or massage therapy, Medigap can cover expenses that Medicare doesn’t.
• Health Savings Account (HSA): HSA’s are like savings accounts. Funds go into the HSA pre-tax, offering a tax benefit to those who have tem. The funds can then be used to pay for certain medical expenses like copays, prescription costs and more. HSA’s combined with high deductible insurance policies and major medical policies can offer extremely powerful and flexible coverage.
• New Hampshire High Risk Pool: The New Hampshire Health Plan (NHHP) is a state subsidized insurance pool for high risk individuals who have been turned down for coverage and who do not have access to group insurance. New Hampshire also has a low premium subsidy program for those who are unable to afford standard NHHP rates.

Major Health Insurance Providers in New Hampshire

• Residents of New Hampshire have access to many nationwide insurers. Insurance agents can be found throughout the state and customer service representatives are an 800 number away. Two of the most accessible companies for New Hampshire health insurance are Celtic Insurance and Assurant Health.
• Celtic Insurance Company: Celtic insurance agents can be found statewide including in Keene, Manchester, Portsmouth, Claremont and Dover. With online quotes, affordable rates, and health insurance plans to meet every need and every budget, Celtic Insurance Company is a great choice.
• Assurant Health: For residents of Berlin, Concord, Nashua, Franklin, Laconia and Lebanon- as well as statewide, Assurant has many options to cover your health insurance needs. They have flexible temporary and permanent plans, small group plans and HSA’s. Assurant Health’s plans are affordable and their website is easy to navigate.

New Hampshire Health Insurance Coverage

You are now armed with the knowledge you need to make the right decision for you and your family. You've evaluated your budget and your needs, it's now time to commit to the policy that is right for you. It’s important that you not wait too long to make your decision and get your policy. Each day that you are uninsured you expose yourself and your bank account to tremendous risk.

New Hampshire Medical Insurance Terminology:

• Premium: Premiums are the payments due from you to the insurance company that keep a policy from lapsing. Premiums can be paid in many ways including monthly, quarterly, semi-annually and annually. Often, paying monthly or quarterly could result in additional processing fees.
• Reserve: Cash assets that are set aside for the insurance company to meet any financial obligations. A portion of all insurance premiums paid to the insurance company are set aside for reserves and can be carried over to cover the insurance costs in future years.

• Lapse: A lapse the termination of a policy due to non payment of premium. It is important that you choose a premium payment frequency that you can stick with to ensure that you pay on time and the policy doesn't lapse. Should your policy lapse, you will need to complete a reinstatement application and be re-underwritten. Any changes in your health history could impact your policy being reinstated.
• Co-pay: A copayment is a predetermined, fixed amount that you must pay when you receive treatment from a provider. Co-payments usually range in price from $25 to $50 and can be more expensive for specialists visits than for primary care physician visits.

• Underwriting: The process of determining the overall risk a proposed insured will be to the plan. Underwriters use medical records and other information to evaluate this risk and to decide if the proposed insured should be approved for coverage or whether they should be charged an additional premium to cover for any additional risk they pose.
• Preexisting Conditions: Any chronic illnesses or injuries that was diagnosed prior to your application for insurance with you new insurance company. An insurance company might deny coverage due to pre-existing insurance or may charge an additional premium to include the pre-existing condition for coverage.
• COBRA: COBRA is the federal program that ensures the continuation of health insurance coverage after membership or employment has been terminated with a group health insurance provider. COBRA allows for the continuation of existing coverage for as long as 18 months unless you sign up for coverage under a new plan. Policyholders who elect to take COBRA coverage should expect to pay a higher premium under COBRA than they did with the group plan.

Deductible: A deductible is an amount of money that a policy holder is required to pay for medical treatment until the policy coverage begins. Not all health policies have deductibles, but when one does, the policyholder will pay all medical expenses up front and out of pocket until your deductible has been satisfied.