Enrollment in Individual Medical Plans Hits All-Time High: Mark Farrah Associates
Both on and off the exchange, enrollment tops 20 million at end of Q3, the largest number of participants this segment has seen.
Recent Health Insurance News
Private Health Insurance Premiums Reach Record High for 2024
New ValuePenguin analysis finds Americans will spend an average of $584 per month on health insurance as CMS reveals ACA Marketplace enrollment has already topped 15 million.
7 Million+ Sign Up for Coverage in ACA Marketplace Since Start of Open Enrollment...
New CMS and HealthSherpa figures show enrollment increases as deadline for January coverage fast approaches.
Family Health Insurance No Longer Affordable Through Small Employers: KFF
New survey finds a quarter of covered workers at small firms must pay $12,000 annually or more to enroll in family coverage.
Employers Did Not Drop Health Benefits After ACA: EBRI Report
New EBRI research examining law’s impact on employers offering health insurance finds 5% increase in worker eligibility for employment-based health coverage since 2014.
John Hancock Introduces Life Insurance with Optional LTC Rider to Employers
Indexed universal life product being made available in voluntary benefit employer space.
Long-Term Care Claims Skyrocket in 2022: AM Best
Report finds shift from home care to long-term care facilities drives a 20% uptick in claims.
EverQuote Exits Health Insurance Vertical
Segment represented about 10% of the company’s revenue in 2022.
Percentage of Americans Lacking Health Insurance Declines in 2022
National Health Interview Survey data finds there were 2.4 million fewer uninsured Americans in 2022 compared to 2021.
Majority of Consumers Concerned About Financial Impact of Becoming Disabled
During Disability Insurance Awareness Month this May, study finds concern is more pronounced with younger generations.
Lucrative Medicare Advantage Market Attracts Humana’s Focus
Government market seen as increasingly enticing to insurers facing greater scrutiny on costs in group health market.