A health insurance price tracker created by web-pased private market provider eHealth has been following the average monthly cost of individual and family health plans for the past three months. For the period from Jan. 1 to March 23, 2014, here's what it showed:
More young people are enrolling. Between Jan. 1 and March 23, 2014, shoppers between the ages of 18 and 34 accounted for 45 percent of people selecting off-exchange plans through eHealth, compared to 39 percent for the same age group in Q4.
More people were previously uninsured. Between Jan. 1 and March 23, 2014, half (51 percent) of eHealth shoppers who participated in a customer poll identified themselves as uninsured, compared to 34 percent who came to eHealth previously uninsured in the previous quarter.
Catastrophic plans are becoming more popular. The popularity of catastrophic plans among shoppers in the last three months of the nationwide open enrollment period is growing, with catastrophic plans accounting for 14 percent of all plans selected, compared to 10 percent in Q4.
Premiums are trending downward. As of March 23, 2014, the average premium for individual plans selected by eHealth shoppers -- before subsidies are applied -- was $261 per month (a decrease of 10 percent since Jan. 1, when it was $290/month).
In Florida: Between October 1 and December 31, 2013, the average premium for 2014 individual plans selected by eHealth customers in Florida -- before subsidies are applied -- was $325 per month1.Between January 1 and March 23, 2014, it was $271 per month2 - a 17% decrease.