SlideShare une entreprise Scribd logo
1  sur  3
Télécharger pour lire hors ligne
Page 1 of 3
 NewsWorthy Analysis




                               Open Enrollment Survey
                               October 2011



                                       Missed Opportunities
                       Employees Not Taking True Advantage of Open Enrollment

Employer-provided health insurance is a perk that many workers take for granted, even during tight
economic times. A new survey by eHealthInsurance finds that while most consumers with employer-
based health insurance think they know best about the coverage they need, they don’t understand much
about the costs of their coverage or the most crucial time of the year for making coverage decisions:
open enrollment.

1) ILL-EQUIPPED EMPLOYEES

 Lost When it Comes to Cost. When it comes to their employer-provided health coverage, many
  insured Americans are unaware of some of the basic cost factors of their plan. Less than half (47%)
  of respondents with employer-based coverage are confident they can name exactly how much money
  they personally contribute for themselves each month and just over a third (35%) can name their
  insurance plan’s annual deductible. For those with dependents, only one third (33%) are aware of
  how much they contribute towards dependent coverage.

 Out of Sight, Out of Mind. Less than one in five (18%) respondents with employer-sponsored
  healthcare know how much their employers contribute toward their insurance premiums or what they
  would pay towards dependent coverage (13%). In fact, when looking over their paystubs, less than
  half (45%) of those with employer-covered insurance check to see how much has been deducted from
  their wages to pay for their health insurance. It’s important for employees to understand the full cost
  their employer-sponsored health insurance – not only as a component of their total compensation, but
  because they could end up paying both the employee and employer portions of their monthly
  premiums to maintain their coverage if they were laid off and enrolled in COBRA.

 Asleep at the Switch. Perhaps workers would be in a better place if they made it a point to
  regularly notice the costs involved in their healthcare. Less than half (46%) of those whose
  employers provide them with coverage tend to review their health insurance payments on an annual
  basis – even fewer (35%) do this every month.
NewsWorthy Analysis   eHealthInsurance Open Enrollment Survey | October 2011                        Page 2 of 3


2) NOT USING THE POWER TO CHOOSE

 Crucial Piece. Despite the lack of knowledge of their health insurance plan costs, three-quarters
  (76%) of those receiving employer-provided coverage say health insurance is essential for their
  financial security.

 In the Right Hands. The weight of this decision might be why an overwhelming majority (83%) of
  those with employer-sponsored healthcare think they, not their employer, should be the ones deciding
  on the details of their health plans.

                        Who Do You Think Is Better Suited to Decide Which Health
                                  Insurance Plan You Should Have?*

                                                                            My Employer
                                                                               17%
                                Me
                               83%




                              *Among Respondents with Employer-Sponsored Health Insurance


 In the Dark. Unfortunately, many may not be as prepared as they should be when the time to
  choose insurance plans arrives. Close to half (45%) don’t know when their employer’s open
  enrollment period occurs.

    Far more 18-29-year-olds than those who are 30 and over (60% vs. 38%) admit they have no clue
     when they’ll be eligible for open enrollment.

 In the Comfort Zone. And when open enrollment comes around, they tend to do what’s quick and
  easy. More than one in two (53%) admit that they’re likely just to stick with what they had before
  instead of taking the time to review all of their options.

                       During Open Enrollment, Are You Generally More Likely to…?*


                       Stay With the Same
                        Plan I Had Before                                         Review All My
                               53%                                              Employer Coverage
                                                                                  Options Before
                                                                                Making a Selection
                                                                                    or Change
                                                                                       47%


                              *Among Respondents with Employer-Sponsored Health Insurance
NewsWorthy Analysis   eHealthInsurance Open Enrollment Survey | October 2011                    Page 3 of 3


 Not Taking the Time. In fact, they don’t spend much time at all looking over their options before
  signing up for an insurance plan. One in four (25%) report that the longest they ever spent evaluating
  their options during open enrollment was less than half an hour.

3) CASH-CONSCIOUS WORKERS

 Money Really Matters. If they were to consider their options during open enrollment, cost is the
  #1 concern for many workers. Over half (57%) imagine that a significant hike in their monthly
  premiums would be more troublesome to them than serious changes in their benefits.

                          Which of the Following Might Concern You More During
                                            Open Enrollment?*
                        A Significant                                            Changes in My
                       Increase in the                                             Benefits
                        Amount I Pay                                                 43%
                       Every Month for
                        My Employer-
                       Based Coverage
                            57%




                              *Among Respondents with Employer-Sponsored Health Insurance


 Outside Resource. Meanwhile, 41 percent would consider going in a different direction by choosing
  health insurance that is not provided by an employer.

Contenu connexe

Plus de eHealth , Inc.

LR - Cost And Benefits Of Individual And Family Health Insurance Plans - Nove...
LR - Cost And Benefits Of Individual And Family Health Insurance Plans - Nove...LR - Cost And Benefits Of Individual And Family Health Insurance Plans - Nove...
LR - Cost And Benefits Of Individual And Family Health Insurance Plans - Nove...eHealth , Inc.
 
College Students Survey - Optimistic
College Students Survey - OptimisticCollege Students Survey - Optimistic
College Students Survey - OptimisticeHealth , Inc.
 
Effect of State Regulations on Health Insurance Premiums
Effect of State Regulations on Health Insurance PremiumsEffect of State Regulations on Health Insurance Premiums
Effect of State Regulations on Health Insurance PremiumseHealth , Inc.
 
Demystifying Health Insurance
Demystifying Health InsuranceDemystifying Health Insurance
Demystifying Health InsuranceeHealth , Inc.
 
LR - Cost And Benefits Of Individual And Family Health Insurance Plans - Sept...
LR - Cost And Benefits Of Individual And Family Health Insurance Plans - Sept...LR - Cost And Benefits Of Individual And Family Health Insurance Plans - Sept...
LR - Cost And Benefits Of Individual And Family Health Insurance Plans - Sept...eHealth , Inc.
 
COBRA (and other Medical Insurance Alternatives) Survey
COBRA (and other Medical Insurance Alternatives) SurveyCOBRA (and other Medical Insurance Alternatives) Survey
COBRA (and other Medical Insurance Alternatives) SurveyeHealth , Inc.
 
Summary Findings of an Opinion Research Survey On Health Reform Legislation
Summary Findings of an Opinion Research Survey On Health Reform LegislationSummary Findings of an Opinion Research Survey On Health Reform Legislation
Summary Findings of an Opinion Research Survey On Health Reform LegislationeHealth , Inc.
 
LR - Cost and Benefits Of Individual and Family Health Insurance Plans 2009
LR - Cost and Benefits Of Individual and Family Health Insurance Plans 2009LR - Cost and Benefits Of Individual and Family Health Insurance Plans 2009
LR - Cost and Benefits Of Individual and Family Health Insurance Plans 2009eHealth , Inc.
 
College Grads and Students Health Reform Survey 2010
College Grads and Students Health Reform Survey 2010College Grads and Students Health Reform Survey 2010
College Grads and Students Health Reform Survey 2010eHealth , Inc.
 
Smoking Status and Body Mass Index Relative to Average Individual Health Insu...
Smoking Status and Body Mass Index Relative to Average Individual Health Insu...Smoking Status and Body Mass Index Relative to Average Individual Health Insu...
Smoking Status and Body Mass Index Relative to Average Individual Health Insu...eHealth , Inc.
 
Checklist: Open Enrollment Benefits
Checklist: Open Enrollment BenefitsChecklist: Open Enrollment Benefits
Checklist: Open Enrollment BenefitseHealth , Inc.
 
Health Insurance Coverage For Children
Health Insurance Coverage For ChildrenHealth Insurance Coverage For Children
Health Insurance Coverage For ChildreneHealth , Inc.
 
National Consumer Survey of Individual & Family Insurance Shoppers
National Consumer Survey of Individual & Family Insurance ShoppersNational Consumer Survey of Individual & Family Insurance Shoppers
National Consumer Survey of Individual & Family Insurance ShopperseHealth , Inc.
 
Cost & Benefits of Individual and Family Health Insurance Plans, 2011
Cost & Benefits of Individual and Family Health Insurance Plans, 2011Cost & Benefits of Individual and Family Health Insurance Plans, 2011
Cost & Benefits of Individual and Family Health Insurance Plans, 2011eHealth , Inc.
 

Plus de eHealth , Inc. (14)

LR - Cost And Benefits Of Individual And Family Health Insurance Plans - Nove...
LR - Cost And Benefits Of Individual And Family Health Insurance Plans - Nove...LR - Cost And Benefits Of Individual And Family Health Insurance Plans - Nove...
LR - Cost And Benefits Of Individual And Family Health Insurance Plans - Nove...
 
College Students Survey - Optimistic
College Students Survey - OptimisticCollege Students Survey - Optimistic
College Students Survey - Optimistic
 
Effect of State Regulations on Health Insurance Premiums
Effect of State Regulations on Health Insurance PremiumsEffect of State Regulations on Health Insurance Premiums
Effect of State Regulations on Health Insurance Premiums
 
Demystifying Health Insurance
Demystifying Health InsuranceDemystifying Health Insurance
Demystifying Health Insurance
 
LR - Cost And Benefits Of Individual And Family Health Insurance Plans - Sept...
LR - Cost And Benefits Of Individual And Family Health Insurance Plans - Sept...LR - Cost And Benefits Of Individual And Family Health Insurance Plans - Sept...
LR - Cost And Benefits Of Individual And Family Health Insurance Plans - Sept...
 
COBRA (and other Medical Insurance Alternatives) Survey
COBRA (and other Medical Insurance Alternatives) SurveyCOBRA (and other Medical Insurance Alternatives) Survey
COBRA (and other Medical Insurance Alternatives) Survey
 
Summary Findings of an Opinion Research Survey On Health Reform Legislation
Summary Findings of an Opinion Research Survey On Health Reform LegislationSummary Findings of an Opinion Research Survey On Health Reform Legislation
Summary Findings of an Opinion Research Survey On Health Reform Legislation
 
LR - Cost and Benefits Of Individual and Family Health Insurance Plans 2009
LR - Cost and Benefits Of Individual and Family Health Insurance Plans 2009LR - Cost and Benefits Of Individual and Family Health Insurance Plans 2009
LR - Cost and Benefits Of Individual and Family Health Insurance Plans 2009
 
College Grads and Students Health Reform Survey 2010
College Grads and Students Health Reform Survey 2010College Grads and Students Health Reform Survey 2010
College Grads and Students Health Reform Survey 2010
 
Smoking Status and Body Mass Index Relative to Average Individual Health Insu...
Smoking Status and Body Mass Index Relative to Average Individual Health Insu...Smoking Status and Body Mass Index Relative to Average Individual Health Insu...
Smoking Status and Body Mass Index Relative to Average Individual Health Insu...
 
Checklist: Open Enrollment Benefits
Checklist: Open Enrollment BenefitsChecklist: Open Enrollment Benefits
Checklist: Open Enrollment Benefits
 
Health Insurance Coverage For Children
Health Insurance Coverage For ChildrenHealth Insurance Coverage For Children
Health Insurance Coverage For Children
 
National Consumer Survey of Individual & Family Insurance Shoppers
National Consumer Survey of Individual & Family Insurance ShoppersNational Consumer Survey of Individual & Family Insurance Shoppers
National Consumer Survey of Individual & Family Insurance Shoppers
 
Cost & Benefits of Individual and Family Health Insurance Plans, 2011
Cost & Benefits of Individual and Family Health Insurance Plans, 2011Cost & Benefits of Individual and Family Health Insurance Plans, 2011
Cost & Benefits of Individual and Family Health Insurance Plans, 2011
 

Dernier

Slideshare - ONS Economic Forum Slidepack - 18 March 2024.pptx
Slideshare - ONS Economic Forum Slidepack - 18 March 2024.pptxSlideshare - ONS Economic Forum Slidepack - 18 March 2024.pptx
Slideshare - ONS Economic Forum Slidepack - 18 March 2024.pptxOffice for National Statistics
 
20240314 Calibre March 2024 Investor Presentation (FINAL).pdf
20240314 Calibre March 2024 Investor Presentation (FINAL).pdf20240314 Calibre March 2024 Investor Presentation (FINAL).pdf
20240314 Calibre March 2024 Investor Presentation (FINAL).pdfAdnet Communications
 
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.KumarJayaraman3
 
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGeckoRWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGeckoCoinGecko
 
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...Matthews Bantsijang
 
Monthly Market Risk Update: March 2024 [SlideShare]
Monthly Market Risk Update: March 2024 [SlideShare]Monthly Market Risk Update: March 2024 [SlideShare]
Monthly Market Risk Update: March 2024 [SlideShare]Commonwealth
 
The unequal battle of inflation and the appropriate sustainable solution | Eu...
The unequal battle of inflation and the appropriate sustainable solution | Eu...The unequal battle of inflation and the appropriate sustainable solution | Eu...
The unequal battle of inflation and the appropriate sustainable solution | Eu...Antonis Zairis
 
Stock Market Brief Deck for March 19 2024.pdf
Stock Market Brief Deck for March 19 2024.pdfStock Market Brief Deck for March 19 2024.pdf
Stock Market Brief Deck for March 19 2024.pdfMichael Silva
 
Taipei, A Hidden Jewel in East Asia - PR Strategy for Tourism
Taipei, A Hidden Jewel in East Asia - PR Strategy for TourismTaipei, A Hidden Jewel in East Asia - PR Strategy for Tourism
Taipei, A Hidden Jewel in East Asia - PR Strategy for TourismBrian Lin
 
Hungarys economy made by Robert Miklos
Hungarys economy   made by Robert MiklosHungarys economy   made by Robert Miklos
Hungarys economy made by Robert Miklosbeduinpower135
 
Contracts with Interdependent Preferences
Contracts with Interdependent PreferencesContracts with Interdependent Preferences
Contracts with Interdependent PreferencesGRAPE
 
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdf
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdfLundin Gold March 2024 Corporate Presentation - PDAC v1.pdf
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdfAdnet Communications
 
Mphasis - Schwab Newsletter PDF - Sample 8707
Mphasis - Schwab Newsletter PDF - Sample 8707Mphasis - Schwab Newsletter PDF - Sample 8707
Mphasis - Schwab Newsletter PDF - Sample 8707harshan90
 
ACCOUNTING FOR BUSINESS.II BRANCH ACCOUNTS NOTES
ACCOUNTING FOR BUSINESS.II BRANCH ACCOUNTS NOTESACCOUNTING FOR BUSINESS.II BRANCH ACCOUNTS NOTES
ACCOUNTING FOR BUSINESS.II BRANCH ACCOUNTS NOTESKumarJayaraman3
 
Introduction to Entrepreneurship and Characteristics of an Entrepreneur
Introduction to Entrepreneurship and Characteristics of an EntrepreneurIntroduction to Entrepreneurship and Characteristics of an Entrepreneur
Introduction to Entrepreneurship and Characteristics of an Entrepreneurabcisahunter
 
Work and Pensions report into UK corporate DB funding
Work and Pensions report into UK corporate DB fundingWork and Pensions report into UK corporate DB funding
Work and Pensions report into UK corporate DB fundingHenry Tapper
 
LIC PRIVATISATION its a bane or boon.pptx
LIC PRIVATISATION its a bane or boon.pptxLIC PRIVATISATION its a bane or boon.pptx
LIC PRIVATISATION its a bane or boon.pptxsonamyadav7097
 
2024.03 Strategic Resources Presentation
2024.03 Strategic Resources Presentation2024.03 Strategic Resources Presentation
2024.03 Strategic Resources PresentationAdnet Communications
 

Dernier (20)

Slideshare - ONS Economic Forum Slidepack - 18 March 2024.pptx
Slideshare - ONS Economic Forum Slidepack - 18 March 2024.pptxSlideshare - ONS Economic Forum Slidepack - 18 March 2024.pptx
Slideshare - ONS Economic Forum Slidepack - 18 March 2024.pptx
 
20240314 Calibre March 2024 Investor Presentation (FINAL).pdf
20240314 Calibre March 2024 Investor Presentation (FINAL).pdf20240314 Calibre March 2024 Investor Presentation (FINAL).pdf
20240314 Calibre March 2024 Investor Presentation (FINAL).pdf
 
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
 
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGeckoRWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
RWA Report 2024: Rise of Real-World Assets in Crypto | CoinGecko
 
Effects & Policies Of Bank Consolidation
Effects & Policies Of Bank ConsolidationEffects & Policies Of Bank Consolidation
Effects & Policies Of Bank Consolidation
 
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...
 
Monthly Market Risk Update: March 2024 [SlideShare]
Monthly Market Risk Update: March 2024 [SlideShare]Monthly Market Risk Update: March 2024 [SlideShare]
Monthly Market Risk Update: March 2024 [SlideShare]
 
The unequal battle of inflation and the appropriate sustainable solution | Eu...
The unequal battle of inflation and the appropriate sustainable solution | Eu...The unequal battle of inflation and the appropriate sustainable solution | Eu...
The unequal battle of inflation and the appropriate sustainable solution | Eu...
 
Stock Market Brief Deck for March 19 2024.pdf
Stock Market Brief Deck for March 19 2024.pdfStock Market Brief Deck for March 19 2024.pdf
Stock Market Brief Deck for March 19 2024.pdf
 
Taipei, A Hidden Jewel in East Asia - PR Strategy for Tourism
Taipei, A Hidden Jewel in East Asia - PR Strategy for TourismTaipei, A Hidden Jewel in East Asia - PR Strategy for Tourism
Taipei, A Hidden Jewel in East Asia - PR Strategy for Tourism
 
Hungarys economy made by Robert Miklos
Hungarys economy   made by Robert MiklosHungarys economy   made by Robert Miklos
Hungarys economy made by Robert Miklos
 
Contracts with Interdependent Preferences
Contracts with Interdependent PreferencesContracts with Interdependent Preferences
Contracts with Interdependent Preferences
 
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdf
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdfLundin Gold March 2024 Corporate Presentation - PDAC v1.pdf
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdf
 
New Monthly Enterprises Survey. Issue 21. (01.2024) Ukrainian Business in War...
New Monthly Enterprises Survey. Issue 21. (01.2024) Ukrainian Business in War...New Monthly Enterprises Survey. Issue 21. (01.2024) Ukrainian Business in War...
New Monthly Enterprises Survey. Issue 21. (01.2024) Ukrainian Business in War...
 
Mphasis - Schwab Newsletter PDF - Sample 8707
Mphasis - Schwab Newsletter PDF - Sample 8707Mphasis - Schwab Newsletter PDF - Sample 8707
Mphasis - Schwab Newsletter PDF - Sample 8707
 
ACCOUNTING FOR BUSINESS.II BRANCH ACCOUNTS NOTES
ACCOUNTING FOR BUSINESS.II BRANCH ACCOUNTS NOTESACCOUNTING FOR BUSINESS.II BRANCH ACCOUNTS NOTES
ACCOUNTING FOR BUSINESS.II BRANCH ACCOUNTS NOTES
 
Introduction to Entrepreneurship and Characteristics of an Entrepreneur
Introduction to Entrepreneurship and Characteristics of an EntrepreneurIntroduction to Entrepreneurship and Characteristics of an Entrepreneur
Introduction to Entrepreneurship and Characteristics of an Entrepreneur
 
Work and Pensions report into UK corporate DB funding
Work and Pensions report into UK corporate DB fundingWork and Pensions report into UK corporate DB funding
Work and Pensions report into UK corporate DB funding
 
LIC PRIVATISATION its a bane or boon.pptx
LIC PRIVATISATION its a bane or boon.pptxLIC PRIVATISATION its a bane or boon.pptx
LIC PRIVATISATION its a bane or boon.pptx
 
2024.03 Strategic Resources Presentation
2024.03 Strategic Resources Presentation2024.03 Strategic Resources Presentation
2024.03 Strategic Resources Presentation
 

Employees Not Taking True Advantage of Open Enrollment

  • 1. Page 1 of 3 NewsWorthy Analysis Open Enrollment Survey October 2011 Missed Opportunities Employees Not Taking True Advantage of Open Enrollment Employer-provided health insurance is a perk that many workers take for granted, even during tight economic times. A new survey by eHealthInsurance finds that while most consumers with employer- based health insurance think they know best about the coverage they need, they don’t understand much about the costs of their coverage or the most crucial time of the year for making coverage decisions: open enrollment. 1) ILL-EQUIPPED EMPLOYEES  Lost When it Comes to Cost. When it comes to their employer-provided health coverage, many insured Americans are unaware of some of the basic cost factors of their plan. Less than half (47%) of respondents with employer-based coverage are confident they can name exactly how much money they personally contribute for themselves each month and just over a third (35%) can name their insurance plan’s annual deductible. For those with dependents, only one third (33%) are aware of how much they contribute towards dependent coverage.  Out of Sight, Out of Mind. Less than one in five (18%) respondents with employer-sponsored healthcare know how much their employers contribute toward their insurance premiums or what they would pay towards dependent coverage (13%). In fact, when looking over their paystubs, less than half (45%) of those with employer-covered insurance check to see how much has been deducted from their wages to pay for their health insurance. It’s important for employees to understand the full cost their employer-sponsored health insurance – not only as a component of their total compensation, but because they could end up paying both the employee and employer portions of their monthly premiums to maintain their coverage if they were laid off and enrolled in COBRA.  Asleep at the Switch. Perhaps workers would be in a better place if they made it a point to regularly notice the costs involved in their healthcare. Less than half (46%) of those whose employers provide them with coverage tend to review their health insurance payments on an annual basis – even fewer (35%) do this every month.
  • 2. NewsWorthy Analysis eHealthInsurance Open Enrollment Survey | October 2011 Page 2 of 3 2) NOT USING THE POWER TO CHOOSE  Crucial Piece. Despite the lack of knowledge of their health insurance plan costs, three-quarters (76%) of those receiving employer-provided coverage say health insurance is essential for their financial security.  In the Right Hands. The weight of this decision might be why an overwhelming majority (83%) of those with employer-sponsored healthcare think they, not their employer, should be the ones deciding on the details of their health plans. Who Do You Think Is Better Suited to Decide Which Health Insurance Plan You Should Have?* My Employer 17% Me 83% *Among Respondents with Employer-Sponsored Health Insurance  In the Dark. Unfortunately, many may not be as prepared as they should be when the time to choose insurance plans arrives. Close to half (45%) don’t know when their employer’s open enrollment period occurs.  Far more 18-29-year-olds than those who are 30 and over (60% vs. 38%) admit they have no clue when they’ll be eligible for open enrollment.  In the Comfort Zone. And when open enrollment comes around, they tend to do what’s quick and easy. More than one in two (53%) admit that they’re likely just to stick with what they had before instead of taking the time to review all of their options. During Open Enrollment, Are You Generally More Likely to…?* Stay With the Same Plan I Had Before Review All My 53% Employer Coverage Options Before Making a Selection or Change 47% *Among Respondents with Employer-Sponsored Health Insurance
  • 3. NewsWorthy Analysis eHealthInsurance Open Enrollment Survey | October 2011 Page 3 of 3  Not Taking the Time. In fact, they don’t spend much time at all looking over their options before signing up for an insurance plan. One in four (25%) report that the longest they ever spent evaluating their options during open enrollment was less than half an hour. 3) CASH-CONSCIOUS WORKERS  Money Really Matters. If they were to consider their options during open enrollment, cost is the #1 concern for many workers. Over half (57%) imagine that a significant hike in their monthly premiums would be more troublesome to them than serious changes in their benefits. Which of the Following Might Concern You More During Open Enrollment?* A Significant Changes in My Increase in the Benefits Amount I Pay 43% Every Month for My Employer- Based Coverage 57% *Among Respondents with Employer-Sponsored Health Insurance  Outside Resource. Meanwhile, 41 percent would consider going in a different direction by choosing health insurance that is not provided by an employer.