Short Term Health Insurance

And Other Affordable Health Insurance Alternatives to Obamacare

January 5, 2017 09:00ET

Only 1-in-4 Americans Confident They Understand Obamacare Enrollment Rules

"Repeal/Replace" and Shifting Coverage Deadlines Creating Confusion for Consumers

MOUNTAIN VIEW, CA--(Marketwired - Jan 5, 2017) - This year's enrollment period for Affordable Care Act (ACA) insurance endured a presidential election in its midst, one that resulted in a president-elect who has vowed to repeal and replace Obamacare. To further complicate matters, deadlines for getting active ACA coverage by January 1st varied across the country. Approximately three dozen states using HealthCare.gov saw their deadline extended by several days as did residents in California. Against this background, AgileHealthInsurance conducted a nationwide poll that asked, "With changes in states' Obamacare insurance application deadlines & Trump's plans to repeal/replace Obamacare, are you confident you understand Obamacare's enrollment rules?"

Only one-in-four respondents claimed that they were confident they understood the ACA's enrollment rules. Over half of the respondents (58 percent) either didn't understand the ACA enrollment rules or expressed uncertainty regarding these rules. The most popular answer to the survey question was "I don't understand the rules." This answer was selected by over four-in-ten respondents.

"With less than a month left until the end of Obamacare's sign-up period, uncertainty over enrollment rules presents a serious risk for consumers," noted Bruce Telkamp, CEO of AgileHealthInsurance. "Regardless of the health insurance product they prefer, consumers need some form of quality health coverage to access affordable healthcare and to protect them from bankruptcy in the event of a major medical event."

For those who miss the ACA enrollment deadline or choose to ignore it, short-term health insurance will continue to be available in 2017 as a coverage option while these consumers are locked out of the ACA market until the next enrollment period. Unlike the ACA, the pending Trump administration has made no criticisms of this insurance product nor has the administration threatened "repeal and replace" as it has with the ACA. Consequently, the short-term health insurance has sustained its position within the insurance market as a safety net for consumers who are temporarily excluded from the Obamacare market or merely desire an alternative to Obamacare health plans.

To review the full survey report as well as the methodology, visit "Only One-out-of-Four Americans Confident about 2017 Obamacare Enrollment Rules."

AgileHealthInsurance.com was created to educate people about the benefits of short term health insurance and provide a fast, online process for purchasing these plans. Short-term health insurance is a flexible and low-cost major medical insurance for individuals without expensive pre-existing health conditions. It is not Obamacare. Short term health plans offer consumers the flexibility to choose health plans with the benefits that matter most to them and combine these benefits with broad provider networks. Additional information about AgileHealthInsurance can be found at www.AgileHealthInsurance.com

CONTACT:
Kevin McVicker,
(703) 739-5920


AgileHealthInsurance.com was launched in 2015 to educate consumers on the availability of private market health insurance products that are alternatives to Affordable Care Act (Obamacare) plans. Today AgileHealthInsurance is the largest distributor of short-term health insurance, providing a fast, online process for purchasing these plans. Short-term health insurance is a flexible and low-cost major medical insurance for individuals without expensive pre-existing health conditions. It is not Obamacare. Short-term health plans offer consumers the flexibility to choose health plans with the benefits that matter most to them and combine these benefits with broad provider networks. Additional information about AgileHealthInsurance can be found at www.AgileHealthInsurance.com.

Forward-Looking Statements

AgileHealthInsurance.com is a Silicon Valley-based technology company and independently managed division of Health Insurance Innovations, Inc. (NASDAQ: HIIQ). This press release contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements other than historical fact, and may include statements relating to goals, plans and projections regarding new markets, products, services, growth strategies, anticipated trends in our business and anticipated changes and developments in the United States health insurance system and laws. Forward-looking statements are based on our current assumptions, expectations and beliefs are generally identifiable by use of words "may," "might," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue," or similar expressions and involve significant risks and uncertainties that could cause actual results, developments and business decisions to differ materially from those contemplated by these statements. These risks and uncertainties include, among other things, our ability to maintain relationships and develop new relationships with health insurance carriers and distributors, our ability to retain our members, the demand for our products, the amount of commissions paid to us or changes in health insurance plan pricing practices, our ability to integrate our acquisitions, competition, changes and developments in the United States health insurance system and laws, and our ability to adapt to them, the ability to maintain and enhance our name recognition, difficulties arising from acquisitions or other strategic transactions, and our ability to build the necessary infrastructure and processes to maintain effective controls over financial reporting. These and other risk factors that could cause actual results to differ materially from those expressed or implied in our forward-looking statements are discussed in HIIQ's most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (SEC) as well as other documents that may be filed by HIIQ from time to time with the Securities and Exchange Commission, which are available at www.sec.gov. Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. You should not rely on any forward-looking statement as representing our views in the future. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.