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Monday, June 17, 2024
HomeHealth InsuranceHealthSherpa continues to be the most important non-public channel for ACA enrollments...

HealthSherpa continues to be the most important non-public channel for ACA enrollments within the US, insuring over 5 million individuals for 2023 and rising greater than 50% yr over yr

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HealthSherpa has enrolled greater than 5 million individuals thus far in Plan 12 months 2023 protection and enrolled about HALF of all new Inexpensive Care Act enrollees in Federally Facilitated Market (FFM) states throughout Open Enrollment. HealthSherpa now accounts for 35% of all FFM enrollments and quantity grew greater than 50% yr over yr, far outpacing the ACA Market as an entire which grew solely 13% (1)

HealthSherpa’s sturdy native agent community is ready to scalably usher in new enrollees. 35% of HealthSherpa enrollees had been new to the Market, practically double the speed for Healthcare.gov (19%) and greater than 2x the speed for State Primarily based Marketplaces (15%) (2). Even higher, most individuals discovered a plan for $3/month or much less (88% decrease than final yr).

Extra value and plan data is damaged out under. For media inquiries, please contact press@healthsherpa.com. Information is out there in state-level aggregates for classes proven right here for healthcare.gov states the place HealthSherpa affords ACA-subsidized insurance policies.

HealthSherpa Quantity (11/1/22 – 2/9/23)

HealthSherpa lives: 5 million     ⬆️  52% over PY 2022

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

Prices & subsidies

Proportion claiming a subsidy: 97.26%     ⬆️  1.31% over PY 2022

Median Internet Premium: $2.55     ⬇️ $18.38 from PY 2022  

Median Subsidy: $647.83     ⬆️  $8.83 from PY 2022

P.c enrolled in $0 plans: 47%     ⬆️  56.66% from PY 2022

 

*HealthSherpa information from November 1 by January 15, 2023 except in any other case acknowledged. Information listed characterize federal market states solely and are correct to +/- 5%. Comparisons characterize p.c change over information Plan 12 months 2022 OEP November 1, 2021 by January 15, 2022.

(1) CMS confirmed February 8, 2023 that complete ACA enrollments grew 13% between 2022 and 2023 OEP.

(2) CMS Newsroom Report January 2023

 



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