EHealth Inc. says the amounts its customers pay for health coverage are considerably lower than the group health averages typically reported but increasing rapidly.
EHealth, Mountain View, Calif. (NYSE:EHTH), is the parent of eHealthInsurance.com, a large Web-based health insurance broker.
The compared health coverage data for 384,000 individual and family major medical policies that were active in February 2011 with 384,000 individual and family major medical policies that were active in February 2010.
Sponsors of group health surveys often say the participants in their surveys are paying about $1,000 per month for coverage for each employee with family coverage.
EHealth customers are paying about $183 per month for individual coverage and $414 per month for family coverage, the company says.
But the average premium increased 9.6% for individuals and 5.6% for families.
The average individual deductible increased 11.5%, to $2,935, and the average family deductible increased 9.9%, to $3,879.
About 17% of the policies eHealthInsurance.com sold were compatible with the health savings account program.
More than 85% of the plans already offer preventive services benefits such as coverage for ob/gyn exams and well-baby coverage.
YES, THERE’S AN APP FOR THAT
The Office of the Insurance Commissioner in Washington state has developed a Web-based service that can let people know if a health insurance company’s rates might be changing.