eHealthInsurance.com Investor Relations – News Release
“Secretary Price has an obligation to the American people to use their
money effectively and efficiently, and the navigator program failed on
both fronts,” said
HHS provided the following findings about the Navigator program (source):
$62.5 millionfor the 2017 Open Enrollment Period
Navigators enrolled 81,426 people for 2017 at an average cost of
- One-in-five navigators achieved their performance goals.
“At eHealth we wholeheartedly endorsed the Affordable Care Act's goal of expanding coverage and improving access to health coverage for people with pre-existing conditions,” Flanders continued.
“Where the legislation has fallen short is in its goal to make health coverage affordable for middle-class families and young, healthy people who are so critical to creating a healthy, balanced risk pool. Replacing the individual mandate, which has not worked, with a functioning alternative would be a good first step,” Flanders continued.
“We also need to acknowledge the strides Secretary Price is making to stabilize the individual insurance market. This year HHS tightened up enforcement of the special enrollment periods so people can’t wait until they get sick to buy health insurance. And, under Secretary Price, HHS is requiring people to repay their past-due premiums before they can sign up for a new health plan. Those are two very positive steps that will help bring more insurance companies back to the market and reduce volatility in insurance premiums.”
“HHS has also taken steps to make it easier for consumers to enroll in Obamacare health plans, using their tax credit, without using Healthcare.gov,” Flanders continued.
“HHS is embracing smart, simple, cost-effective, market-minded ways to stabilize the individual insurance market. My ongoing concern is for middle-class families. In June,eHealth analyzed1 projected rate increases for 2018 and found that health insurance would be unaffordable for the majority of middle-class families who don’t qualify for Obamacare subsidies in 2018 based on eHealth’s customer data from last year,” Flanders continued.
“Giving the market more freedom to innovate will improve the health and well-being of every citizen,” Flanders concluded.
1 Obamacare Premiums for 2018 Projected to Make Health Insurance Unaffordable for Many, eHealth Analysis Finds (http://news.ehealthinsurance.com/news/obamacare-premiums-for-2018-projected-to-make-health-insurance-unaffordable-for-many-ehealth-analysis-finds)