Texas-Based Health Plans Join the Health Insurance Marketplace
As Exchange Opens, Competition Good for Consumers
AUSTIN, TX – As the health insurance marketplace launches today, a subset of members of the Texas Association of Health Plans (TAHP) announce their participation as providers in the Exchange. Last week, the U.S. Department of Health and Human Services released the average premium rates and number of products available in Texas, confirming a competitive market, offering consumers a wide range of health plan options with a comprehensive set of health benefits.
“Consumers deserve choices when it comes to health care coverage. As a strong advocate of access to health care, we believe the marketplace will benefit from competitive premium rates, a robust pool of options that bring additional choice, and the quality and innovation that Texans should expect from their health plans,” said David Gonzales, executive director, TAHP.
For the Exchange, the state is divided into 26 health insurance rating areas, each with a menu of options for local consumers. Most rating areas will see between three to five health insurance issuers, some with as many as seven and one with 10. These issuers may offer a variety of products, known as Qualified Health Plans (QHPs). The number of QHPs available in each of Texas’ rating areas ranges from 25 to 120.
For decades, TAHP members have offered health and supplemental benefits to almost 20 million Texans through employer-sponsored coverage, the individual insurance market and public programs such as Medicare and Medicaid. The association strongly advocates for policies that expand access to health care coverage through a competitive marketplace that fosters choice, quality and innovation.
TAHP members participating in the Exchange in Texas look forward to competing in the new marketplace and offering coverage options to health insurance consumers with the same high quality and competitive approach they have used in the past.
To see counties in each of the 26 rating areas, visit: http://www.cms.gov/CCIIO/Programs-and-Initiatives/Health-Insurance-Market-Reforms/tx-gra.html.
Cost detail by area by age by type of plan is available at: http://aspe.hhs.gov/health/reports/2013/MarketplacePremiums/datasheet_home.cfm
About Texas Association of Health Plans (TAHP)
Texas Association of Health Plans (TAHP) is a statewide trade association representing effectively all health plans (Commercial, Medicaid, CHIP and Medicare) doing business in Texas and is committed to improving access, value and quality of care throughout Texas. Utilizing legislative advocacy, education and collaboration with other member organizations, TAHP brings together industry leadership to develop answers to critical health care issues in the state. For more information, please visit www.tahp.org or call (512)476-2091.