Survey: Less Than 1 in 5 Americans Knows Enrollment for 2015 Obamacare Plans Has Ended
21 Abril 2015 - 10:25AM
Health Insurance Innovations, Inc. (Nasdaq:HIIQ), a leading
developer of affordable health plans, released the results of a
nationwide poll that surveyed Americans' awareness that health
insurance may no longer be purchased on exchanges for 2015 without
special qualifications. The survey asked, "When is the last day any
consumer can buy health insurance on a government exchange that
will provide coverage during 2015?" The poll found that
less than 1 in 5 Americans knew that the enrollment period
for Affordable Care Act plans had ended on February 15th.
Nearly 3 out of 5 Americans responded, "I don't
know."
To read the full results of the survey as well as its
methodology, see AgileHealthInsurance.com's report "Consumers and
the End of the 2015 Annual Enrollment Period."
The poll results indicate that most Americans are unaware that
the Affordable Care Act health insurance market has entered into a
'lock-out period' where consumers may no longer buy coverage for
2015 unless they have a special life event such as the birth of a
child or the loss of employer-based health coverage. The special
enrollment period, limited to those who incurred the uninsured tax
penalty for 2014, will expire on April 30th.
Health Insurance Innovations (HII) is responding to the
consumers' predicament during the lock-out period by launching
AgileHealthInsurance.com, a website that will provide low-cost
alternatives and supplements to Obamacare health plans.
AgileHealthInsurance.com will specialize in offering an alternative
to Obamacare called Term Health Insurance plans. Term Health
Insurance offers traditional health benefits for a defined period
of time, from 30 to 364 days in most states. These policies are
known for very low prices, they can be bought anytime during the
year, and an applicant's health is taken into consideration during
the application approval process. For more information on Term
Health Insurance, see the article "What Is Term Health
Insurance?"
"A key part of our AgileHealthInsurance mission to is to raise
awareness about the lock-out period in the ACA market, and to
provide a high quality and low-cost health insurance solution for
those affected by this lock-out," said Bruce Telkamp, CEO
of HII's Consumer Division. "We are
excited to confirm that our product development is on schedule, and
we expect to formally launch our initial version of
AgileHealthInsurance.com after the conclusion of the tax period
special enrollment period."
About Health Insurance Innovations, Inc. (HII).
HII is a market leader in developing innovative health insurance
products that are affordable and meet the needs of millions of
health insurance plan shoppers. HII partners with best-in-class
insurance companies for its product development. HII's insurance
products are sold through thousands of independent, licensed
insurance agents across the nation. HII's data-centric paperless
business model is facilitated by its Consumer
Division that provides real-time data used to identify
opportunities and underserved needs in the health insurance market.
Additional information about HII can be found at HiiQuote.com.
HII's Consumer Division includes
AgileHealthInsurance.com, a website for researching, comparing and
purchasing Term Health insurance products and HealthPocket.com, an
independently managed free website that compares and ranks all
health insurance plans, and uses objective data to publish unbiased
health insurance market analyses and other consumer advocacy
research.
This press release contains "forward-looking statements" within
the meaning of the U.S. Private Securities Litigation Reform Act of
1995. Forward-looking statements are statements other than
historical fact and may include statements relating to goals, plans
and projections regarding new markets, products, services, growth
strategies, anticipated trends in our business and anticipated
changes and developments in the United States health insurance
system and laws. Forward-looking statements are based on our
current assumptions, expectations and belief and are generally
identifiable by use of words "may," "might," "will," "should,"
"expects," "plans," "anticipates," "believes," "estimates,"
"predicts," "potential" or "continue," or similar expressions, and
involve significant risks and uncertainties that could cause actual
results, developments and business decisions to differ materially
from those contemplated by these statements. These risks and
uncertainties include, among other things, our ability to maintain
relationships and develop new relationships with health insurance
carriers and distributors, our ability to retain our members, the
demand for our products, the amount of commissions paid to us or
changes in health insurance plan pricing practices, our ability to
integrate our acquisitions (including our July 2014 acquisition of
HealthPocket, Inc.), competition, changes and developments in the
United States health insurance system and laws, and our ability to
adapt to them, the ability to maintain and enhance our name
recognition, difficulties arising from acquisitions or other
strategic transactions, and our ability to build the necessary
infrastructure (including our launch of AgileHealthInsurance.com
and its timing) and processes to maintain effective controls over
financial reporting. These and other risk factors that could cause
actual results to differ materially from those expressed or implied
in our forward-looking statements are discussed in HII's Annual
Report on Form 10-K for the year ended December 31, 2014 and
subsequent Quarterly Reports on Form 10-Q, all as filed with the
Securities and Exchange Commission as well as other documents that
may be filed by us from time to time with the Securities and
Exchange Commission. Any forward-looking statement made by us in
this press release is based only on information currently available
to us and speaks only as of the date on which it is made. You
should not rely on any forward-looking statement as representing
our views in the future. We undertake no obligation to publicly
update any forward-looking statement, whether written or oral, that
may be made from time to time, whether as a result of new
information, future developments or otherwise.
For more information, please contact Kevin McVicker, Shirley
& Banister Public Affairs at (703) 739-5920 or (800)
536-5920.
CONTACT: Kevin McVicker
Shirley & Banister Public Affairs
703-739-5920/800-536-5920
kmcvicker@sbpublicaffairs.com
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