eHealth Report: New Medicare Open Enrollment Period Marked by Strong Consumer Interest and Lower Average Medicare Advantage Costs
The newly reinstated open enrollment period allowed
eHealth's report is based on consumers that purchased
Highlights from the report include:
Medicareconsumers show strong interest during the new open enrollment period. eHealth received 87 percent more Medicare Advantageand Part D plan applications during the most recent open enrollment period (January through March 2019) than it did over the same period the year before.
Medicare Advantagepremiums dropped by 33 percent. The average monthly premium for Medicare Advantageplans selected at eHealth between January and March 2019was $8, compared to $12for the same period the year before; average out-of-pocket limits decreased 11 percent.
- Half of enrollees were previously unaware of the open enrollment period. Fifty-one percent of eHealth survey respondents were unaware of the new open enrollment opportunity before reviewing their coverage options; 38 percent learned about it only after contacting an agent or broker, while 31 percent learned about it from a news source.
Read the full report.
For media inquiries, please contact:
Senior Director Communications,
View original content to download multimedia:http://www.prnewswire.com/news-releases/ehealth-report-new-medicare-open-enrollment-period-marked-by-strong-consumer-interest-and-lower-average-medicare-advantage-costs-300861444.html