Saturday, September 10, 2022
HomeHealth InsuranceWith American Rescue Plan subsidies, most HealthSherpa enrollees have discovered protection for

With American Rescue Plan subsidies, most HealthSherpa enrollees have discovered protection for


Observe to Media: We are able to present state-level mixture knowledge for classes proven right here for healthcare.gov states the place HealthSherpa presents ACA-subsidized insurance policies. Please attain out in case you’re fascinated about extra knowledge.

The annual Market Open Enrollment Interval has simply begun, and this yr individuals are eligible for extra inexpensive protection than ever! That’s due to the American Rescue Plan (ARP) which expanded the subsidies out there to folks of all earnings ranges. 

Since we applied the ARP subsidy expansions on HealthSherpa, greater than 1.5 million folks have enrolled or resubmitted their Market purposes by HealthSherpa. Most of these folks have paid lower than $7/month for his or her protection, and 40% have discovered a plan that’s fully free. Notably, the median web premium was $0 for enrollees in NC, SC, MS, MO, and OK. 

Learn on for extra detailed insights into enrollment exercise for the reason that ARP subsidy expansions went dwell on 4/1/2021:

Key Enrollment Metrics, 4/1/2021 – 10/29/2021

HealthSherpa Quantity

HealthSherpa insurance policies: 1,093,941

HealthSherpa lives: 1,545,172

High States: FL, TX, GA, NC, SC

Prices & subsidies

Share claiming a subsidy: 97% 

Median Gross Premium: $664.44

Median Internet Premium: $6.70

Median Subsidy: $596

% enrolled in $0 plans: 41.8%

Value-sharing

Steel tier breakdown: Platinum <1%  / Gold 3.5% / Silver 74 % / Bronze 1.7% / Expanded Bronze 21% / Catastrophic <1%

Receiving CSR: 68% total

Demographics

Common Candidates Per Coverage: 1.4

Intercourse of major applicant: 54% feminine, 46% male

Median age: 44

Main applicant age distribution: 5% below 21 / 17% 21-29 / 19% 30-39 / 22% 40-49 / 26% 50-59 / 12% 60+ 

 

For media inquiries, please contact press@healthsherpa.com

Disclaimer: knowledge listed right here is for federal market states solely and correct to five%.



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