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eHealth Analysis: Proposed House Bill 6311 Could Save Pre-Retirees Over $4,600 Per Year on Health Insurance Premiums

According to an analysis of H.R. 6311 prepared by eHealth, Inc. (EHTH) (eHealth.com), pre-retiree adults ages 55 to 64, who typically pay the highest premiums in the individual market, could save an estimated $384 per month, or $4,608 a year by purchasing a copper plan instead of a bronze plan. “This bill is an effort to expand consumer choice and provide people burdened by high health insurance costs with more options in an open market to find affordable coverage,” said eHealth CEO Scott Flanders. H.R. 6311 would rebrand lower-priced catastrophic plans as “copper” and expand their availability to all health insurance consumers.

eHealth Appoints Derek N. Yung as Chief Financial Officer

eHealth, Inc. (EHTH), a leading omni-channel health insurance marketplace, announced today that Derek N. Yung has joined the company as Chief Financial Officer, effective today. Mr. Yung will oversee the company’s financial and accounting functions and report directly to CEO Scott Flanders. Mr. Yung comes to eHealth from Hotwire, a travel services company owned by Expedia, Inc., where he served as CFO and led the company’s finance, strategy and analytics functions, and served on Expedia, Inc.’s global executive finance team.

Five Health Insurance Pitfalls College Grads Should Avoid

As millions of college students prepare to graduate, many will for the first time face important decisions about their health insurance coverage. A new survey by eHealth, Inc. (EHTH) (eHealth.com) identifies some of the challenges young adults may face when determining the right health insurance plan for their needs, and pitfalls to avoid when searching for coverage. Fifty-two percent of young adults age 18-24 identified $100/month or less a “fair” price for health insurance, yet the average unsubsidized individual in that age band is paying $257 per month*.

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