With American Rescue Plan subsidies, most HealthSherpa enrollees have found coverage for <$10/month

Note to Media: We can provide state-level aggregate data for categories shown here for healthcare.gov states where HealthSherpa offers ACA-subsidized policies. Please reach out if you’re interested in additional data.

The annual Marketplace Open Enrollment Period has just begun, and this year people are eligible for more affordable coverage than ever! That’s thanks to the American Rescue Plan (ARP) which expanded the subsidies available to people of all income levels. 

Since we implemented the ARP subsidy expansions on HealthSherpa, more than 1.5 million people have enrolled or resubmitted their Marketplace applications through HealthSherpa. Most of those people have paid less than $7/month for their coverage, and 40% have found a plan that’s completely free. Notably, the median net premium was $0 for enrollees in NC, SC, MS, MO, and OK. 

Read on for more detailed insights into enrollment activity since the ARP subsidy expansions went live on 4/1/2021:

Key Enrollment Metrics, 4/1/2021 – 10/29/2021

HealthSherpa Volume

HealthSherpa policies: 1,093,941

HealthSherpa lives: 1,545,172

Top States: FL, TX, GA, NC, SC

Costs & subsidies

Percentage claiming a subsidy: 97% 

Median Gross Premium: $664.44

Median Net Premium: $6.70

Median Subsidy: $596

Percent enrolled in $0 plans: 41.8%

Cost-sharing

Metal tier breakdown: Platinum <1%  / Gold 3.5% / Silver 74 % / Bronze 1.7% / Expanded Bronze 21% / Catastrophic <1%

Receiving CSR: 68% overall

Demographics

Average Applicants Per Policy: 1.4

Sex of primary applicant: 54% female, 46% male

Median age: 44

Primary applicant age distribution: 5% under 21 / 17% 21-29 / 19% 30-39 / 22% 40-49 / 26% 50-59 / 12% 60+ 

For media inquiries, please contact press@healthsherpa.com

Disclaimer: data listed here is for federal marketplace states only and accurate to 5%.