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PRNewswire 4-Mar-2019 9:00 AM
SANTA CLARA, Calif., March 4, 2019 /PRNewswire/ -- A new survey of consumers who purchased short-term health insurance policies through eHealth, Inc. (NASDAQ:EHTH) (eHealth.com) finds that older enrollees are more likely than younger ones to consider short-term insurance as an affordable alternative to Affordable Care Act (ACA) plans.
Key findings from eHealth's survey:
"At eHealth we believe comprehensive coverage is always best, but the fact is that many middle-class Americans don't qualify for subsidies and cannot afford comprehensive ACA plans," said eHealth CEO Scott Flanders. "As demonstrated by our survey results, affordability may be a greater concern for older Americans who face significantly higher monthly premiums than younger adults when buying ACA coverage. Short-term plans may offer many their only alternative to going uninsured."
While older consumers showed special interest in short-term coverage, eHealth found a change in consumer attitudes across all age bands since the maximum term of short-term policies was extended beyond 90 days, and significant satisfaction with short-term coverage even among those who received medical care while covered by a short-term policy:
eHealth believes that consumers interested in purchasing short-term health insurance should understand what they're buying and how short-term coverage differs from coverage provided through ACA-compliant health insurance plans. Educational materials are found on the eHealth website and a brief guide to short-term coverage may be found here.
Read eHealth's full survey report for additional findings and analysis.
About eHealth
eHealth, Inc. (NASDAQ:EHTH) owns eHealth.com, a leading private online health insurance exchange where individuals, families and small businesses can compare health insurance products from brand-name insurers side by side and purchase and enroll in coverage online and over the phone. 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, exceptional telephonic support, 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 or over the phone through Medicare.com (www.Medicare.com), eHealthMedicare.com (www.eHealthMedicare.com), GoMedigap (www.goMedigap.com) and PlanPrescriber.com (www.PlanPrescriber.com).
For media inquiries, please contact:
Sande Drew
DMA Communications for eHealth, Inc.
(916) 207-7674
sande.drew@gmail.com
Rob Wyse
Capital Content for eHealth, Inc.
(212) 920-1470
rob@capital-content.com
Lisa Zamosky
Senior Director Communications, eHealth, Inc.
(917) 751-0232
lisa.zamosky@ehealth.com
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SOURCE eHealth, Inc.