Job Prospects, Health Insurance and Student Loans Are Big Worries for
College Students and Grads in 2012

MOUNTAIN VIEW, CA, May 16, 2012 (MARKETWIRE via COMTEX) --According to a national survey sponsored by eHealthInsurance (NASDAQ: EHTH), the leading online source of health insurance for individuals and families, this year's college graduates are not likely to earn anywhere near as much as they think they need in order to be financially secure, and their expectations for getting employer-sponsored health insurance are unrealistic.

The survey, conducted in April 2012 by Kelton Research, found that this year's college graduates may be in for a harsh reality check when they enter the job market. According to the survey:

--  Today's college students estimate that they will need to earn an
    average salary of $81,600 per year after graduation in order to feel
    financially secure; however, former college students who had graduated
    in the past three years said that their first job out of college paid
    only $21,900 per year on average
--  More than eight-in-ten college students (82%) believe their first job
    out of college is likely to provide them with health insurance;
    however, nearly six-in-ten recent grads (59%) say that their first job
    out of college did not provide them with health insurance

The survey also revealed a high level of anxiety about student loans. A strong majority of both current students and recent grads would risk going uninsured rather than default on their student loan payments:

--  Among those with student loans, about six-in-ten current students
    (58%) and recent grads (62%) are afraid they won't be able to pay
    their student loans at some point during their twenties
--  More than seven-in-ten current students (72%) and recent grads (75%)
    with loans say that they would rather go without health insurance than
    default on their student loans

Other survey findings on students' and grads' expectations for their careers and incomes include the following:

On Job Market Prospects

--  A majority of current college students (62%) are afraid they won't
    find a job after graduation; more than half (54%) are afraid they
    won't find a job in their chosen field
--  Six-in-ten recent grads (60%) say they have already run into trouble
    finding a job or are worried that they won't find a job at some point
    in their twenties
--  When asked to identify "non-negotiable" employment benefits from a
    list, students (40%) and grads (38%) say they are more likely to pass
    on a job that didn't offer health insurance than any other benefit
--  Over half (51%) of both current students and recent grads think it's
    more important for new college graduates to take a job they may not
    like in order to get health insurance, rather than taking a job they
    like but that doesn't provide coverage

On Income Expectations

--  While current students estimate they would need an average annual
    income of $81,600 in order to feel financially secure after
    graduation, recent grads say they would feel financially secure with
    an annual gross income of $61,800 on average
--  The survey suggests that current students don't really expect to feel
    financially secure anytime soon, however: they expect their first job
    out of college will earn them an average annual salary of $37,100
--  Among recent graduates, women believe they need a substantially higher
    annual income ($80,300 on average) compared to men ($42,300 on
    average) in order to feel financially secure
--  Among current students, men expect their first job post-graduation to
    pay substantially more ($41,700 on average) than women envision
    ($32,200 on average)
--  Both of these are still substantially higher than the average $21,900
    that recent grads report their first job out of college actually paid
    them
--  Parents of current students or recent grads believe their children
    should feel financially secure with an annual income of $54,200 on
    average

An analysis of survey results touching on these themes has been prepared by Kelton Research and is available for download through the eHealthInsurance Media Center.

The eHealthInsurance Survey of College Students, Grads and Parents was conducted by Kelton Research between April 13 and April 23, 2012, using an email invitation and an online survey. Kelton Research surveyed a sample of 271 full-time college students ages 18-30, as well as 255 recent college graduates ages 18-30 who are in the workforce now or seeking employment. Kelton Research also surveyed a sample of 550 parents with full-time college students or recent graduates.

To learn more about survey results and survey methodology, please refer to eHealthInsurance's May 7, 2012 press release.

Additional Consumer Resources:

--  Review a list of tips designed specifically for college students,
    grads and parents from eHealthInsurance's April 17, 2012 press release
--  Download or request a FREE printed copy of our book, Individual Health
    Insurance For Dummies, Health Care Reform Special Edition, produced in
    cooperation with For Dummies(R), a branded imprint of Wiley, and
    co-authored by eHealthInsurance
--  Follow eHealthInsurance's consumer blog, Get Smart - Get Covered
--  Watch educational health insurance videos from eHealthInsurance on
    YouTube
--  Browse our answers to real-life health insurance questions on Yahoo
    Answers
--  Follow eHealthInsurance on Facebook and Twitter

About eHealth eHealth, Inc. (NASDAQ: EHTH) is the parent company of eHealthInsurance, the nation's leading online source of health insurance for individuals, families and small businesses. Through the company's website, www.eHealthInsurance.com, consumers can get quotes from leading health insurance carriers, compare plans side by side, and apply for and purchase health insurance. eHealthInsurance offers thousands of individual, family and small business health plans underwritten by more than 180 of the nation's leading health insurance companies. eHealthInsurance is licensed to sell health insurance in all 50 states and the District of Columbia, making it the ideal model of a successful, high-functioning health insurance exchange. Through the company's eHealthTechnology solution (www.eHealthTechnology.com), eHealth is also a leading provider of health insurance exchange technology. eHealthTechnology's exchange platform provides a suite of hosted e-commerce solutions that enable health plan providers, resellers and government entities to market and distribute products online. eHealth, Inc. also provides powerful online and pharmacy-based tools to help seniors navigate Medicare health insurance options, choose the right plan and enroll in select plans online through its wholly-owned subsidiary, PlanPrescriber.com (www.planprescriber.com) and through its Medicare website www.eHealthMedicare.com.

For more health insurance news and information, visit the eHealthInsurance consumer blog: Get Smart - Get Covered.

For media inquiries, please contact:

Sande Drew
eHealth, Inc.
(916) 207-7674
sande.drew@ehealth.com

Kris Kraves
Cogenta Communications
(805) 527-7733 - direct
kris@cogentacom.com

SOURCE: eHealthInsurance

mailto:sande.drew@ehealth.com
mailto:kris@cogentacom.com