Tuesday, March 28, 2023
HomeHealth InsuranceHealthSherpa continues to be the biggest non-public channel for ACA enrollments within...

HealthSherpa continues to be the biggest non-public channel for ACA enrollments within the US, insuring over 5 million individuals for 2023 and rising greater than 50% yr over yr

In its strongest season but, HealthSherpa has enrolled greater than 5 million individuals in Plan 12 months 2023 protection and enrolled HALF of all new Reasonably priced Care Act enrollees in Federally Facilitated Market (FFM) states throughout Open Enrollment. HealthSherpa now accounts for 35% of all FFM enrollments and quantity grew greater than 50% yr over yr, far outpacing the FFM as a complete which grew solely 13% (1).

HealthSherpa’s sturdy native agent community is ready to scalably herald new enrollees. 35% of HealthSherpa enrollees had been new to the Market, almost double the speed for Healthcare.gov (19%) and greater than 2x the speed for State Based mostly Marketplaces (15%) (2). Even higher, most individuals discovered a plan for $3/month or much less (88% decrease than final yr).

Further value and plan data is damaged out beneath. For media inquiries, please contact press@healthsherpa.com. Information is on the market in state-level aggregates for classes proven right here for healthcare.gov states the place HealthSherpa gives ACA-subsidized insurance policies.

HealthSherpa Quantity (11/1/22 – 2/9/23)

HealthSherpa lives: 5 million     ⬆️  52% over PY 2022

High States: FL, TX, GA, NC, SC

Prices & subsidies

Proportion claiming a subsidy: 97.26%     ⬆️  1.31% over PY 2022

Median Web Premium: $2.55     ⬇️ $18.38 from PY 2022  

Median Subsidy: $647.83     ⬆️  $8.83 from PY 2022

P.c enrolled in $0 plans: 47%     ⬆️  56.66% from PY 2022


*HealthSherpa knowledge from November 1 by means of January 15, 2023 until in any other case acknowledged. Information listed characterize federal market states solely and are correct to +/- 5%. Comparisons characterize % change over knowledge Plan 12 months 2022 OEP November 1, 2021 by means of January 15, 2022.

(1) CMS confirmed February 8, 2023 that complete FFM enrollments grew 13% between 2022 and 2023 OEP.

(2) CMS Newsroom Report January 2023




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