Health Insurance Rates: eHealth, Inc. Provides Update on Average Premiums for Individual and Family Policies
20 Setembro 2010 - 9:00AM
Marketwired
eHealth, Inc. (NASDAQ: EHTH), parent company
of eHealthInsurance (http://www.ehealthinsurance.com), today
released updated data on the cost of individually-purchased health
insurance policies for individuals and families. The data is based
on policies that were active in February 2010.
The findings appear in 2010 Fall Cost Report for Individual and
Family Policyholders, an internal evaluation of 2010 health
insurance plan data from a sample of active policies, which
includes 288,238 individual major medical policies and 96,460
family major medical policies purchased through eHealthInsurance
that were active in February 2010; 232,682 individual major medical
policies and 83,898 family major medical policies purchased through
eHealthInsurance that were active in February 2009.
The analysis provides factual data on average and median
premiums paid for individual and family(1) health insurance
policies and average deductibles for those policies, sold through
the eHealthInsurance website. Individual and family health
insurance plans purchased were those available through the
eHealthInsurance.com website. Accordingly, the data does not
include any plans that may have been available through sources
other than the eHealthInsurance website and only reflects a portion
of the individual and family plans available throughout the
country. Individual plan data from Rhode Island and Vermont were
excluded from this report.
Click here to download the full report on eHealth's media
center.
The research, revealed the following
insights: Individual Policy Data
- In February of 2009, the average monthly premium for individual
policies was $161
- In February of 2010, the average monthly premium for individual
policies was $167
- Average premiums for individual policies increased 3.7 percent
over that time.
- In February of 2009, the median monthly premium for individual
policies was $132
- In February 2010, the median monthly premium for individual
policies was $136
- Median premiums for individual policies increased 3.0 percent
over that time.
- In February of 2009, the average deductibles for individual
policies was $2,326
- In February of 2010, the average deductibles for individual
policies was $2,632
- Average deductibles for individual policies increased 13.2
percent over that time.
Family Policy Data
- In February of 2009, the average monthly premium for family
policies was $383
- In February of 2010, the average monthly premium for family
policies was $392
- Average premiums for family policies increased 2.3 percent over
that time.
- In February of 2009, the median monthly premium for family
policies was $329
- In February 2010, the median monthly premium for family
policies was $336
- Median premiums for family policies increased 2.1 percent over
that time.
- In February of 2009, the average deductibles for family
policies was $3,128
- In February of 2010, the average deductibles for family
policies was $3,531
- Average deductibles for family policies increased 12.8 percent
over that time.
HSA Eligible Policy Data
- In February of 2009, 16.0 percent of individual policies were
HSA eligible
- In February of 2010, 16.3 percent of individual policies were
HSA eligible
- In February of 2009, the average monthly premium for HSA
eligible individual policies was $143
- In February of 2010, the average monthly premium for HSA
eligible individual policies was $155
- Average premiums for HSA eligible individual plans increased
8.3 percent over that time.
- In February of 2009, the average monthly premium for HSA
eligible family policies was $331
- In February of 2010, the average monthly premium for HSA
eligible family policies was $352
- Average premiums for HSA eligible family plans increased 6.3
percent over that time.
State-level Individual and Family Premium
Data The chart below describes average individual and family
monthly health insurance premiums in each of the states included in
the Cost of Individual and Family Health Insurance Plans 2010
Update:
---------------------------------------------------------------
Average Premiums
---------------------------------------------------------------
STATE Family Individual STATE Family Individual
---------------------------------------------------------------
AK 484.65 192.30 MT 368.84 168.01
---------------------------------------------------------------
AL 291.57 126.38 NC 327.99 142.70
---------------------------------------------------------------
AR 287.08 123.07 ND 317.41 139.54
---------------------------------------------------------------
AZ 309.97 142.44 NE 338.69 140.22
---------------------------------------------------------------
CA 385.56 156.20 NH 526.52 188.46
---------------------------------------------------------------
CO 353.23 145.96 NJ 769.68 268.14
---------------------------------------------------------------
CT 505.58 197.36 NM 342.39 152.93
---------------------------------------------------------------
DC 415.10 145.48 NV 372.77 160.02
---------------------------------------------------------------
DE 374.04 158.58 NY 897.82 339.60
---------------------------------------------------------------
FL 350.92 165.76 OH 307.23 127.47
---------------------------------------------------------------
GA 391.52 163.10 OK 309.27 143.93
---------------------------------------------------------------
HI 488.96 159.29 OR 363.81 165.63
---------------------------------------------------------------
IA 238.92 110.05 PA 419.09 156.54
---------------------------------------------------------------
ID 327.26 141.19 RI NA NA
---------------------------------------------------------------
IL 397.66 161.15 SC 348.74 154.82
---------------------------------------------------------------
IN 344.19 144.65 SD 312.43 135.93
---------------------------------------------------------------
KS 312.29 120.07 TN 352.25 151.42
---------------------------------------------------------------
KY 289.56 117.61 TX 397.75 175.31
---------------------------------------------------------------
LA 335.15 145.94 UT 304.67 128.53
---------------------------------------------------------------
MA 835.05 303.21 VA 403.46 161.61
---------------------------------------------------------------
MD 364.09 146.30 VT NA NA
---------------------------------------------------------------
MI 301.14 127.41 WA 455.59 194.87
---------------------------------------------------------------
MN 356.09 136.27 WI 328.59 135.17
---------------------------------------------------------------
MO 290.59 125.92 WV 392.15 183.49
---------------------------------------------------------------
MS 319.64 163.51 WY 368.40 160.75
---------------------------------------------------------------
Individual health insurance vs.
Employer-sponsored coverage: How do they differ? This latest
eHealth Cost of Individual and Family Health Insurance Plans 2010
Update provides a subset of the data eHealth publishes in its
annual Cost & Benefits Report. eHealth has been publishing
studies like this since 2001 with the goal of providing a
nationwide perspective on cost and benefit trends in the individual
health insurance market, based on an analysis of a large,
geographically distributed sample of insurance policies purchased
through eHealthInsurance. It is estimated that 17.8 million
Americans are covered through individual plans(2).
The cost of individual health insurance policies reported in our
study differs significantly from the cost of employer-sponsored
health insurance coverage due to several differences between the
individual market and the employer-sponsored market, which may
impact the premiums that consumers experience. Many of these
factors could be impacted by health care reform.
Some of those differences include: Guaranteed
Issue: Every employee who applies for health insurance through
their employer is accepted but in the individual market, with the
exception of a few states, plans are medically underwritten and
applicants can be denied coverage.
Tax Exemption: Health insurance premiums
are not tax-deductible for individuals or families purchasing
coverage on their own, but they are tax-deductible for companies
that pay for health insurance coverage for employees and premiums
paid by employees are paid on a pre-tax basis. Thus, individuals
and families purchasing their own insurance are more likely to be
cost-conscious in their buying decision.
Benefits: Individual market plans offer
comparable benefits to employer plans: hospitalization, emergency
room coverage, lab x-ray, maternity care, OB/GYN coverage,
physician visits, pharmaceutical coverage, and preventative care.
The majority of plans surveyed in our 2009 report entitled, "Cost
And Benefits Of Individual And Family Health Insurance Plans,"
include most of these benefits.** However, in the individual market
the level of benefits is typically selected by the consumer based
on their individual needs.
Cost-sharing: Individuals and families
purchasing coverage on their own tend to select plans with lower
monthly premiums, but with higher deductibles and coinsurance
costs.
Methodology The 2009 and 2010 plan data
referred to in The Cost of Individual and Family Health Insurance
Plans 2010 Update is derived from over 316,000 active individual
and family (IFP) major medical policies purchased through
eHealthInsurance that were active in February 2009 and 384,000
policies that were active in February 2010. Individual and family
health insurance plans purchased were those available through the
eHealthInsurance website. Accordingly, the data does not include
any plans that may have been available through sources other than
the eHealthInsurance website and only reflects a portion of the
individual and family plans available throughout the country. The
update analyzes annual deductibles and monthly premiums paid on
individual and family major medical health insurance policies
purchased through eHealthInsurance and active in February 2009 and
February 2010. Data for Rhode Island and Vermont were not included
for this report.
Footnotes: (1)A family plan includes at least two members on it,
and could constitute a couple, a parent and child, or two or more
children. (2)Source: U.S. Census Bureau estimates, "Income,
Poverty, and Health Insurance Coverage in the United States: 2008,"
Issued September 2009
http://www.census.gov/prod/2009pubs/p60-236.pdf -- On page 23 of
the report, it says, "The number of people covered by private
insurance also decreased to 201.0 million in 2008." It also says
that "Direct-purchase" insurance is 8.9 percent of that 201.0
million person market. 8.9 percent of 201 million is 17.8 million
people, or nearly 18 million. **This current report does not update
data regarding benefits available.
About eHealth eHealth, Inc. (NASDAQ: EHTH)
is the parent company of eHealthInsurance, the nation's leading
online source of health insurance for individuals, families and
small businesses. Through the company's website,
www.eHealthInsurance.com, consumers can get quotes from leading
health insurance carriers, compare plans side by side, and apply
for and purchase health insurance. eHealthInsurance offers
thousands of health plans underwritten by more than 180 of the
nation's leading health insurance companies. eHealthInsurance is
licensed to sell health insurance in all 50 states and the District
of Columbia, making it the ideal model of a successful,
high-functioning health insurance exchange. Through its eCommerce
On-Demand solution (www.eHealth.com/eOD), eHealth is also a leading
provider of on-demand e-commerce software. eHealth's eOD platform
provides a suite of hosted solutions that enable health plan
providers and resellers to market and distribute products online.
eHealth, Inc. also provides powerful online and pharmacy-based
tools to help seniors navigate Medicare health insurance options
and choose the right plan through its wholly-owned subsidiary,
PlanPrescriber.com (http://www.planprescriber.com).
Image Available:
http://www2.marketwire.com/mw/frame_mw?attachid=1364797
Add to Digg Bookmark with del.icio.us Add to Newsvine
For more information, please contact: Brian Mast eHealth,
Inc. 650-210-3149 brian.mast@ehealthinsurance.com Sande Drew Senior
Media Consultant 916- 207-7674 sande.drew@ehealthinsurance.com
eHealth (NASDAQ:EHTH)
Gráfico Histórico do Ativo
De Abr 2024 até Mai 2024
eHealth (NASDAQ:EHTH)
Gráfico Histórico do Ativo
De Mai 2023 até Mai 2024