Users of eHealth’s Prescription Drug Coverage Comparison Tool Found Median Savings of More than $1,600
More than 75,000 health insurance shoppers used eHealth’s drug coverage comparison tool to find potential savings on their prescription drugs during the 2017 open enrollment period
eHealth’s drug coverage comparison tool lets people shopping for a new health insurance plan filter and compare coverage options based on their personal prescription drug regimens to discover which plans may cover their drugs at the lowest cost to themselves.
eHealth analyzed over 75,000 anonymous sessions where a customer used
the drug coverage comparison tool during the 2017 open enrollment period
(
-
$1,616 was the median amount of potential savings -
67% discovered
$500 or more in potential savings -
27% discovered more than
$4,000 in potential savings -
Men found greater potential savings
($1,891) than women($1,382) -
Adults age 30-39 found greater potential savings
($2,069) than other age groups - The average person entered 2.6 prescription drugs into the tool when comparing coverage
“Many of today’s health insurance shoppers couldn’t care less about the
nuances of the arguments over health reform in Washington D.C.,” said
eHealth CEO
Health insurance shoppers using eHealth’s drug coverage tool may realize significant savings
In the tables below, eHealth identifies median potential savings for
users of the drug coverage comparison tool who visited the company’s
website between
When reviewing their coverage options through eHealth.com, shoppers were prompted to enter their prescription drugs and dosages and review the potential savings available by plan. These savings may only be realized if the shopper enrolls in the optimal plan, takes the prescription drugs in the dosages they have described, follows plan requirements for purchasing drugs at the lowest cost, and would otherwise pay the tool’s estimated retail price without the plan. In addition, because prescription drug coverage is only one factor that shoppers evaluate when selecting a health insurance plan, some shoppers may not choose to apply for a plan estimated to have the lowest cost for that shopper’s prescription drugs. See the methodology section below for additional details.
Median potential savings overall |
$1,616 |
Median potential savings by gender | |||
Female: | $1,382 | ||
Male: | $1,891 | ||
Median potential savings by age | |||
Age 0-19: | $1,982 | ||
Age 20-29: | $1,511 | ||
Age 30-39: | $2,069 | ||
Age 40-49: | $1,848 | ||
Age 50-59: | $1,630 | ||
Age 60-64: | $1,070 | ||
Distribution of potential savings by % of tool users* | |||
$1 - $500 | 34% | ||
$501 - $1,000 | 9% | ||
$1,001 - $2,000 | 12% | ||
$2,001 - $4,000 | 19% | ||
$4,001 and higher | 27% | ||
Drugs most commonly entered by anonymous tool users
The most common drugs entered by health insurance shoppers into eHealth’s drug coverage comparison tool during the 2017 open enrollment period include the following:
- Lisinopril, a drug commonly used to treat high blood pressure and heart failure
- Metformin, a drug commonly used to treat type 2 diabetes
- Levothyroxine, a drug commonly used to treat hypothyroidism
- Atorvastatin, a drug commonly used to treat high cholesterol
- Adderall, a drug commonly used to treat ADHD and other conditions
- Amlodipine, a drug commonly used to treat high blood pressure and coronary heart disease
- Vyvanse, a brand-name drug commonly used to treat ADHD and eating disorders
- Synthroid, a brand-name version of levothyroxine
- Buproprion, a drug commonly used to treat depression and to aid smoking cessation
- Losartan, a drug commonly used to treat high blood pressure
The most commonly entered drugs by age group include the following:
Age 0-19 | Age 20-29 | Age 30-39 | Age 40-49 | Age 50-59 | Age 60-64 | ||||||||||
Vyvanse | Adderall | Adderall | Lisinopril | Lisinopril | Amlodipine | ||||||||||
Adderall | Vyvanse | Humalog | Levothyroxine | Metformin | Atorvastatin | ||||||||||
Methylphenidate | NuvaRing | Novolog | Adderall | Levothyroxine | Lisinopril | ||||||||||
Concerta | Buproprion | Vyvanse | Metformin | Atorvastatin | Metformin | ||||||||||
Lamotrigine | Levothyroxine | Wellbutrin | Vyvanse | Synthroid | Quinapril | ||||||||||
Methodology
In preparing the analysis above, eHealth reviewed more than 75,000 user
sessions in which anonymous consumers utilized the drug coverage
comparison function at eHealth.com between
*Percentages may add to slightly less or more than 100% due to rounding.
eHealth
For more health insurance news and information, visit eHealth's Consumer Resource Center.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170503005310/en/
Source:
DMA Communications for eHealth, Inc.
Sande Drew, 916-207-7674
sande.drew@ehealth.com
or
eHealth,
Inc.
Nate Purpura, 650-210-3115
nate.purpura@ehealth.com