Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

eHealth Price Index: What are early health insurance shoppers purchasing this open enrollment period?

Are you one of the many who have recently reshopped to buy a new Health Insurance plan this open enrollment period? If so, how much are you paying for coverage? And how much has it changed since last year?skd283982sdc

According to new data based on consumers who purchased coverage through eHealth during the first half of open enrollment, the Average Monthly Premium for individual coverage was $304 per month. Families paid an average monthly premium of $751.

Recently, eHealth published an analysis of individual and Family Health Insurance shopping trends covering the Affordable Care Act’s first half of the open enrollment period from November 15 through December 31, 2014.

The analysis is based on applications for individual and family health insurance plans submitted through eHealth. The data reflect selections made by eHealth customers who chose non-subsidy-eligible plans outside government exchanges.

Highlights from eHealth’s Health Insurance Price Index analysis for the ACA’s first half of the open enrollment period (November 15- December 31, 2014) include the following:

  • Premiums for individual coverage averaged $304 per month and premiums for family plans averaged $751 per month.
  • The average annual deductible for individual plans was $3,933 and the average annual deductible for family plans was $7,633.
  • Average premiums for plans selected by consumers in the first half of the open enrollment period (November 15-December 31, 2014) were 2% lower for individual coverage and 3% higher for family coverage compared to ACA-compliant plans selected by eHealth customers in the first half of the prior open enrollment (October – December 2013).
  • Bronze was the most common plan metal level selected by both individual and family health insurance shoppers. Average monthly premiums for individual plans by metal level were: Catastrophic: $148 – Bronze: $288 – Silver: $336 – Gold: $373 – Platinum: $434.
  • Plans eligible for use with a Health Savings Account (HSA) accounted for 33% of all plans selected. The average monthly premium for HSA-eligible plans was $271 for individual coverage and $603 for family coverage.
  • Young adults between the ages of 18 and 34 accounted for 38% of all persons submitting health insurance applications through eHealth during open enrollment.
  • About (51%) of eHealth shoppers were men; 49% were women; the average age was 39.
  • PPO plans were the most popular among eHealth shoppers (44%) while HMO plans were also popular (36%).

If you haven’t purchased your health insurance yet, don’t worry! The current nationwide open enrollment period is scheduled to continue through February 15, 2015. For many of you, this period may be your only chance to apply for premium subsidies and enroll in a major medical individual and family health insurance, so act fast! Enroll now at

To learn more about the trends and the methodology used in this analysis, visit our Price Index or read our press release.


This post first appeared on 404 Not Found, please read the originial post: here

Share the post

eHealth Price Index: What are early health insurance shoppers purchasing this open enrollment period?


Subscribe to 404 Not Found

Get updates delivered right to your inbox!

Thank you for your subscription