The New Hampshire insurance market will have one less option as the Maine-based Community Health Options declined to continue offering policies in 2017, Morning Consult reports.
Here's what you should know.
1. The insurer made the decision to focus all of its attention to the state of Maine as it attempts to grow and scale its company.
2. CHO had high enrollment numbers and a correlating high claim rate.
3. Of its service base, 11,581 residents of New Hampshire will have to find new coverage in 2017. Of those 11,581, 1,400 received assistance through Medicaid.
4. New Hampshire Senator Kelly Ayottee (R) said the state will now have only a single co-op offering plans throughout the state which "underscores 'the precariousness of this program.'"
5. Of the 23 co-ops the ACA created, 16 of them has discontinued coverage.
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