How to beat the ‘lazy’ insurance markets
A new survey from four leading insurance markets shows that more Americans are likely to seek coverage under their health insurance plans when they find out they have pre-existing conditions.
As more Americans learn that they may have pre or post-existing health conditions, insurers are scrambling to find ways to meet their demand.
One way insurers are using their ability to offer discounts and offers is to offer their plans in the individual market, while still allowing their employees to stay on their plans through 2019.
The survey by HealthPocket, a company that tracks health insurance trends, shows that 36% of U.S. consumers say they have a pre-purchase agreement (PPO) in their health plan.
In addition, 42% of consumers have an existing plan with them, while 23% have an individual plan that they can use on their own or with an employer.
In addition, 41% of those who have an approved pre-payment plan say they will enroll in their own health insurance plan through 2019, and 33% of them will choose to sign up with their employer.
This is the second survey to show that more people are looking to sign-up with health insurance than they did last year.
In 2016, a survey of more than 1,400 consumers found that 45% of respondents who were new to the health insurance market were enrolling in health insurance through 2018, and the percentage of those surveyed who said they were currently enrolled was higher than it was in 2016.
A majority of people who say they are currently enrolled in a health plan are enrolled in their employer’s plan.
Of those who are enrolled, 53% are either in their current employer’s or a different employer’s plans.
As a result, the insurance markets have seen a significant uptick in enrollees.
The percentage of Americans who are currently insured in a plan has increased by 9 percentage points since last year, while the number of people enrolling and switching plans has increased.