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

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


Note to Media: We can present state-level combination information for classes proven right here for healthcare.gov states the place HealthSherpa gives ACA-subsidized insurance policies. Please attain out for those who’re concerned with extra information.

The annual Marketplace Open Enrollment Period has simply begun, and this 12 months persons are eligible for extra inexpensive protection than ever! That’s due to the American Rescue Plan (ARP) which expanded the subsidies obtainable to individuals of all revenue ranges. 

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

Read on for extra detailed insights into enrollment exercise because the ARP subsidy expansions went reside on 4/1/2021:

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

HealthSherpa Volume

HealthSherpa insurance policies: 1,093,941

HealthSherpa lives: 1,545,172

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

Costs & subsidies

Percentage claiming a subsidy: 97% 

Median Gross Premium: $664.44

Median Net Premium: $6.70

Median Subsidy: $596

Percent enrolled in $0 plans: 41.8%

Cost-sharing

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

Receiving CSR: 68% total

Demographics

Average Applicants Per Policy: 1.4

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

Median age: 44

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

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