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eHealth Snapshot: Average Monthly ACA Premiums Increased 6%

Analysis  |  By Jack O'Brien  
   December 02, 2020

The report was released a week after another eHealth survey found that most ACA enrollees consider the coverage cost too expensive.

Average monthly Affordable Care Act (ACA) health insurance plan premiums have increased compared to 2019, according to an eHealth survey released Tuesday.

Broken down by segment, average monthly premiums for individual plans rose 6% year-over-year, while family premiums increased 8%.

The report was released a week after another eHealth survey found that most ACA enrollees consider the coverage cost too expensive.

Related: Two-Thirds of ACA Plan Enrollees Expressed Concern With the Current ACA Law, COVID Vaccine

For the first time since eHealth began tracking ACA selection trends in 2014, more unsubsidized enrollees selected Silver plans (39%) rather than Bronze plans (34%).

Meanwhile, more than 35% of individuals and families selected EPO-style plans, up 6% year-over-year, while only 45% selected HMO-style plans, down 4% over the same period. 

The ongoing COVID-19 pandemic prompted younger enrollees to approach the open enrollment period differently, with nearly half of respondents between the ages of 25 to 34 saying they reconsidered their coverage options.

Related: eHealth Medicare Survey: Majority Have 'Low' or 'No' Confidence in Federal COVID Response

Jack O'Brien is the Content Team Lead and Finance Editor at HealthLeaders, an HCPro brand.


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