eHealth Research Highlights Costs and Trends Across Six Years of Medicare Enrollment
Report analyzes actual consumer plan selections for 2023 rather than what is available "on the shelf" for beneficiaries
Demand has crested for
"The widespread availability of
Highlights from the new report:
- The popularity of
$0premium Medicare Advantage plans declined for 2023 – 84% of eHealth customers selecting Medicare Advantage plans during Medicare's Annual Enrollment Period (AEP) chose plans without a monthly premium, compared to 87% for 2022. This represents the first drop in the popularity of premium-free plans since eHealth's first Medicare Index Report in 2018.
- The average monthly premium paid for Medicare Advantage plans increased 50% year over year - $9 is the average monthly premium for 2023 Medicare Advantage plans selected by eHealth shoppers during AEP, up from
$6per month for 2022.
- Part D premiums for 2023 also show a significant increase compared to last year –
$32is the average monthly premium for stand-alone Part D plans selected during AEP, up 45% from $22for 2022.
Read the full report for additional insights.
eHealth's report is based on Medicare plans selected by eHealth customers during Medicare's nationwide Annual Enrollment Period for 2023 coverage, which ran from
No information relevant to eHealth's financial performance should be drawn from this report. Like other insurance brokers, eHealth is compensated on a fixed per-member basis for Medicare Advantage and Part D plans, as regulated by the
For over 25 years,
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