eHealth, Inc. (NASDAQ: EHTH) (eHealth.com) released results today from an analysis of customers who used its Medicare prescription drug coverage comparison tool during last year’s Medicare Annual Enrollment Period (AEP), illustrating the tool’s potential to help consumers find significant savings.
| MOUNTAIN VIEW, Calif., /PRNewswire/ -- eHealth, Inc. (NASDAQ: EHTH) (eHealth.com) released results today from an analysis of customers who used its Medicare prescription drug coverage comparison tool during last year’s Medicare Annual Enrollment Period (AEP), illustrating the tool’s potential to help consumers find significant savings. Approximately 17,000 Medicare beneficiaries entered their current Medicare insurance plan and the details of their personal prescription drug regimen into eHealth’s comparison tool during the last AEP. Based on these and other factors, eHealth identified the Medicare Part D or Medicare Advantage Prescription Drug (MAPD) plan that offered them coverage for their drugs at the lowest cost, according to eHealth’s data, calculated by combining premium and out-of-pocket expenses with data on drug costs. Highlights from eHealth’s report:
eHealth’s report also identifies the ten most popular drugs entered by users into its prescription drug coverage comparison tool during the last Medicare AEP. “Prescription drug costs are a big concern for Medicare beneficiaries,” said Chris Hakim, eHealth’s vice president for Medicare products. “In a recent survey of our Medicare customers, 41 percent said they worry about their drug costs, while 51 percent worry about copayments and other out-of-pocket costs that may also be associated with prescription drugs. Today’s report shows how eHealth can actually save people money by matching them with the optimal coverage for their personal needs.” eHealth’s report describes the potential savings identified by users of eHealth’s Medicare Prescription Drug Coverage Comparison tool during the Medicare Annual Enrollment Period that occurred between October 15 and December 7, 2017. Average savings and other findings are based on more than 17,000 user sessions. Calculations are based on Medicare insurance plans available through eHealth’s websites. Potential savings identified by the tool would only be realized if the user switched to the optimal plan identified. Potential savings and optimal plan recommendations were based on the data available to eHealth’s systems at the time of the study. About eHealth For media inquiries, please contact: Sande Drew Rob Wyse Erin Jones
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Company Codes: NASDAQ-NMS:EHTH |
