eHealth Survey Finds 95% of Medicare Beneficiaries Fear About Impression of Inflation on Well being Care Prices

45% say well being care prices have already elevated resulting from inflation

86% consider Medicare ought to negotiate with drug corporations to scale back prices

SANTA CLARA, Calif., July 28, 2022 /PRNewswire/ — eHealth, Inc. (NASDAQ: EHTH) (eHealth.com), a number one on-line personal medical health insurance market, right now launched a survey exhibiting that 95% of Medicare beneficiaries are fearful in regards to the affect of inflation on well being care prices. Practically half (45%) of the two,500 Medicare beneficiaries surveyed say their well being care prices have already elevated resulting from inflation.

The survey, performed earlier than information of a doable compromise Senate invoice to deal with drug prices below Medicare, additionally reveals that 86% of seniors help authorities involvement in negotiating drug costs. 9 out of ten of these surveyed live on a hard and fast earnings.

“Seniors on a hard and fast earnings are notably weak to inflation’s affect on well being care prices,” says eHealth CEO Fran Soistman. “Our survey reveals the results of inflation are speedy and that senior residents are involved about their means to afford month-to-month premiums and different well being care prices.”

Insights from eHealth’s report:

  • Drug prices and Half B premiums high the record of issues: In relation to well being care value inflation, the highest two worries of Medicare beneficiaries are elevated prescription drug prices and elevated Medicare Half B premiums, every cited by 65% of respondents.

  • Seniors consider authorities involvement may assist scale back prices: 88% say that decreasing drug prices now would assist reduce their worries about well being care value inflation. Barely fewer, 86%, need extra authorities involvement in decreasing drug costs.

  • Many are financially weak to larger premiums and drug prices: About half (49%) of Medicare beneficiaries say a rise of 10% or much less of their Medicare premiums would make their protection unaffordable; an identical determine (52%) say a rise of 10% or much less would make their prescription drug prices unaffordable.

Learn the total report.

eHealth’s report is predicated on a voluntary survey of Medicare beneficiaries who bought Medicare medical health insurance plans by way of eHealth. The survey was performed in July of 2022 and a complete of two,519 responses had been collected.

About eHealth
eHealth, Inc. (NASDAQ: EHTH) operates a number one medical health insurance market at eHealth.com and eHealthMedicare.com with expertise that gives shoppers with medical health insurance enrollment options. Since 1997, we now have linked greater than eight million members with high quality, inexpensive medical health insurance, Medicare choices, and ancillary plans. Our proprietary market provides Medicare Benefit, Medicare Complement, Medicare Half D prescription drug, particular person, household, small enterprise, and different plans from roughly 200 medical health insurance carriers throughout fifty states and the District of Columbia.

Media inquiries, please contact: [email protected]

eHealth Survey Finds 95% of Medicare Beneficiaries Fear About Impression of Inflation on Well being Care Prices

eHealth, Inc. (PRNewsfoto/eHealth, Inc.)

 

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SOURCE eHealth, Inc.