eHealth Supports President-Elect Biden's Call for Public-Private Sector Cooperation on COVID-19 Crisis and for Increasing ACA Subsidies for Those Just Above the Subsidy Threshold

Rhea-AI Summary

eHealth, Inc. (NASDAQ: EHTH) announced its support for the Biden-Harris Administration's Emergency Relief Package, which aims to enhance public-private partnerships in combating the pandemic and improve the Affordable Care Act (ACA). The package seeks to cap health insurance costs for eligible Americans at no more than 8.5% of their annual income. CEO Scott Flanders highlighted the importance of increasing ACA subsidies for those just above the cutoff for relief. Furthermore, eHealth noted a significant rise in consumers utilizing Enhanced Direct Enrollment, which doubled year-over-year to 1,130,000.

Positive

• Strong support for ACA subsidy expansion.
• Consumer engagement via Enhanced Direct Enrollment doubled year-over-year.

Negative

• None.

SANTA CLARA, Calif., Jan. 19, 2021 /PRNewswire/ -- eHealth, Inc. (NASDAQ: EHTH) (eHealth.com) today announced support for the Biden-Harris Administration Emergency Relief Package provisions that call for public-private sector partnership in fighting the pandemic and for expanding support for the Affordable Care Act (ACA). The Biden-Harris package would limit the amount that eligible Americans spend on health insurance to no more than 8.5% of annual income.

"Today, ACA coverage is out of reach for many Americans with incomes close to the cutoff for ACA subsidies, yet just high enough to make them ineligible for relief." said eHealth CEO Scott Flanders. "President-Elect Biden's plan to increase support for such individuals and families will help ensure quality coverage for many Americans who can't afford insurance under current rules."

"eHealth strongly supports the ACA subsidy expansion included in the Biden-Harris Emergency Relief Package," said John Desser, Senior Vice President of Government Affairs for eHealth. "We are also pleased to see the recent report from the Centers for Medicare and Medicaid Services showing that consumers using Enhanced Direct Enrollment to choose their health plan has more than doubled year-over-year from 521,000 to 1,130,000."

About eHealth
eHealth, Inc. (NASDAQ: EHTH) operates a leading health insurance marketplace at eHealth.com and eHealthMedicare.com with technology that provides consumers with health insurance enrollment solutions. Since 1997, we have connected more than 8 million members with quality, affordable health insurance, Medicare options, and ancillary plans. Our proprietary marketplace offers Medicare Advantage, Medicare Supplement, Medicare Part D prescription drug, individual, family, small business and other plans from over 180 health insurance carriers across fifty states and the District of Columbia.

Media Contact: 
Jeff Brown
jeff.brown@ehealth.com

 

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SOURCE eHealth, Inc.

FAQ

What is eHealth's position on the Biden-Harris Emergency Relief Package?

eHealth supports the Biden-Harris Emergency Relief Package, particularly its provisions for expanding ACA support and public-private partnerships.

How many consumers used Enhanced Direct Enrollment through eHealth recently?

The number of consumers using Enhanced Direct Enrollment increased from 521,000 to 1,130,000, more than doubling year-over-year.

What are the income limits for ACA subsidies mentioned in the press release?

The Biden-Harris plan proposes limiting health insurance costs for eligible Americans to no more than 8.5% of their annual income.

Is there any mention of challenges faced by eHealth in the press release?

The press release does not mention any specific challenges faced by eHealth.