Consumers Who Don’t Get Subsidies Pay Substantially More

Health insurance consumers without subsidies who shopped through eHealth paid average premiums of $189 a month or $2,268 a year. Those without subsidies are also more likely to chose lower-tier plans, resulting in deductibles that may be over $4,000 a year. Carrie McLean, eHealth director of Customer Care said, “As many as 40% of Americans shopping for coverage on their own will not be eligible for government subsidies. And if you do get a subsidy, unexpected increases in your household income or court challenges to the Affordable Care Act may still call your subsidy dollars into question. Without subsidies, the…cost of health insurance could increase substantially for many Americans.” eHealth used health plan selection and cost data from its May 2014 Health Insurance Price Index report. The study found the following:
• The average premium for an individual plan, across all metal levels, was $346 a month before subsidies were applied and $82 a month after subsidies were applied.
• The average premium for an individual plan was $271 a month across all metal levels.
• Individual consumers with bronze plans paid an average of $68 (after subsidies) toward their monthly premiums; those with silver plans paid an average of $69; those with gold plans paid an average of $208; and those with platinum plans paid an average of $220.
• Individual consumers with bronze plans paid an average of $259 toward their monthly premiums; those with silver plans paid an average of $328; those with gold plans paid and average of $353; and those with platinum plans paid an average of $411.
• Sixty-nine percent of individual consumers chose plans with premiums of $100 or less a month after subsidies were applied. Forty-six percent had premiums of $50 or less.
• Sixty-one percent of individual consumers chose health insurance plans with monthly premiums of $200 or more. For more information, visit www.eHealth.com/affordable-care-act.

Last Updated 11/25/2020

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