Most people harbor the belief group health insurance is better than individual health insurance. Years ago that was true but it’s not necessarily true anymore……………………
Texas has one of the highest exchange enrollments in the country – and enrollment reached a record high 1,840,947 people enrolled in private individual market plans in 2022.
Nearly 94% of Texas exchange enrollees were receiving premium welfare (subsidies) assistance.
Fourteen health insurance carriers offer 2022 coverage through the Texas marketplace/exchange. At least two new insurers (Cigna and Ascension Personalized Care) are joining the Texas individual/family health insurance market for 2023.
- Aetna CVS Health
- Celtic/Ambetter (Ambetter from Superior Health Plan)
- Blue Cross Blue Shield of Texas
- Bright Healthcare
- Friday Health Plan
- Moda Health Plan
- Community Health Choice
- Scott & White Health Plan
- UnitedHealthcare of Texas
How are Texas exchange premiums changing for 2023?
- Aetna/CVS: 6.92% decrease
- Celtic/Ambetter (Superior Health Plan): 13.3% increase
- Blue Cross Blue Shield of Texas: 3.42% increase
- Bright HealthCare: 11.33% increase
- CHRISTUS: 7.61% increase
- Community First Insurance Plans: 3.14% decrease
- Community Health Choice: 10.19% increase
- Friday Health Plans: 30.04% increase
- Moda: 5.57% increase
- Molina: 17.67% increase
- Oscar: Rate data not available
- Sendero: 2.87% increase
- SHA/FirstCare: Rate data not available (As of 2019, Scott & White Health Plans acquired FirstCare)
- Baylor Scott & White Health Plan: Rate data not available
- UnitedHealthcare: 13.46% increase