Average monthly health insurance premiums among unsubsidized eHealth
shoppers increased 18% for individuals and 20% for families between the
2016 and 2017 Obamacare open enrollment periods
MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–eHealth, Inc. (NASDAQ:EHTH), which operates eHealth.com,
the nation’s first and largest private online health insurance exchange,
has released its Health
Insurance Price Index Report for the 2017 Open Enrollment Period.
The report shows that monthly premiums for plans selected on eHealth.com
by unsubsidized shoppers averaged $378 for individuals and $997 for
families of two or more.
eHealth has now reported on costs and trends among unsubsidized health
insurance shoppers on its site through four consecutive nationwide open
enrollment periods following the implementation of the Affordable Care
Act (ACA). Highlights from the 2017 report include the following:
Individual premiums averaged $378 per month, an 18% increase since
the 2016 open enrollment period. Average premiums for individual
health insurance plans selected by eHealth shoppers have increased 39%
since the 2014 open enrollment period, when major provisions of the
Affordable Care Act first came into effect.
Family premiums averaged $997 per month, a 20% increase since 2016. Average
premiums for family plans have increased 49% since the 2014 open
enrollment period, when major provisions of the Affordable Care Act
first came into effect.
Deductibles averaged $4,449 for individuals and $8,232 for families.
Annual deductibles for individual plans increased 2% compared to the
2016 open enrollment period while deductibles for family plans
For 2017, the average four-person family will spend more than
$14,300 per year on premiums. The average monthly premium for a
four-person family was $1,195 per month, and the average annual
deductible for a four-person family was $8,044.
HMO-style plans now account for more than half of all plans
selected by shoppers. The percentage of eHealth shoppers selecting
HMO-style plans increased from 39% for 2014 to 53% for 2017; meanwhile
the number of shoppers selecting PPO-style plans has decreased from
46% for 2014 to 22% for 2017.
The popularity of silver plans increases. Silver plans
accounted for 33% of all plans selected by eHealth shoppers for 2017
compared to 21% for 2014; meanwhile, the percentage of bronze plans
selected by shoppers has dropped from 47% in 2014 to 43% in 2017.
“Anyone who still needs proof that health insurance costs are out of
control should take a look at our 2017 Price Index Report,” said eHealth
CEO Scott Flanders. “Among unsubsidized eHealth shoppers, the average
family of four will spend more than $14,300 on premiums this year, and
you can add another $8,000 if medical issues require them to fulfill
their annual deductible. That comes to more than $22,000 in total! This
is not affordable coverage by any rational standard.”
Mr Flanders continued: “Middle-income Americans who purchase coverage on
their own and do not qualify for subsidies under current law are
straining under the burden of costs like these. At eHealth we hear from
them every day, and we work hard to match them with the best health plan
available for their needs and budget. However, we continue to call on
Congress and the President to take meaningful actions to bring
affordability and stability to the individual and family health
Findings from the current report are derived from an analysis of plans
selected by more than 38,000 individual and family health insurance
shoppers at eHealth.com during the 2017 open enrollment period (November
1, 2016 – January 31, 2017). The full report is available for download
and has been published at the company’s media
eHealth is one of the few organizations with national source health
insurance data that broadly reflects consumer buying patterns and
purchase prices in the self-purchased individual and family health
insurance market. eHealth’s analysis provides insights into the large
segment of the individual and family health insurance market that may
not qualify for or elect to use government subsidies, and that may shop
for coverage through sources other than government exchanges.
Data presented in eHealth’s report is based solely on rates quoted for
health insurance applications submitted by unsubsidized people through
eHealth.com in the specified time period and not through any government
exchange. Applications submitted by eHealth shoppers who applied for
government subsidies (premium tax credits) were excluded from this
This report does not offer a comprehensive view of costs for all plans
available through eHealth, through the market as a whole, or through
government exchanges. Certain applications missing key data fields
relevant for the analysis may have been removed from the total sample.
Specific health insurance plan premiums, deductibles, and other features
may differ significantly from any averages or other presented
statistics. For more information on the methods employed for the
collection and analysis of data, please refer to the methodology section
at the end of the report.
eHealth, Inc. (NASDAQ: EHTH) owns eHealth.com, the
nation’s first and largest private online health insurance exchange
where individuals, families and small businesses can compare health
insurance products from leading insurers side by side and purchase and
enroll in coverage online. eHealth offers thousands of individual,
family and small business health plans underwritten by many of the
nation’s leading health insurance companies. eHealth (through its
subsidiaries) is licensed to sell health insurance in all 50 states and
the District of Columbia. eHealth also offers educational resources and
powerful online and pharmacy-based tools to help Medicare beneficiaries
navigate Medicare health insurance options, choose the right plan and
enroll in select plans online through Medicare.com (www.Medicare.com),
and PlanPrescriber.com (www.PlanPrescriber.com).
For more health insurance news and information, visit eHealth’s Consumer