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……………………
SOURCE: Texas health insurance marketplace 2022 guide | healthinsurance.org
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
- CHRISTUS
- Friday Health Plan
- Moda Health Plan
- Molina
- Oscar
- Sendero
- SHA/FirstCare
- 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
