The Insurance Center, Inc.

You may have all seen the headlines recently in the papers.

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Gov. Lynch Announces Small Business Will Be Able to Access Lower Cost Health Insurance Beginning Oct. 1.

On July 8th, Governor Lynch held a press conference in order to announce lower health insurance premium costs for small business. At the press conference, the Governor stated that Anthem has received approval from the NH Insurance Department to move forward with a plan design which meets the requirements of NH Health First. You may recall that Health First requires the base rate of any premium to be 10% of the statewide median wage.

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Needless to say, my phone has been ringing off the hook. I have been watching the legislation for 2 years. In the near future, I will be attending meetings at Anthem BC/BS that will educate the brokers on this new program. While the headlines gain exposure and excitement, the details are critical. For some of you, this may be a great option for your health insurance dollars, for others not so. For example, I have learned that it is not a “qualified high deductible health plan” for Health Savings Accounts.

George