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Millenials Are More Likely To Be Happy With Health Insurance Plans

According to a study from Employee Benefit Research Institute, millennials are more likely to be happy with their health insurance plans rather than baby boomers and gen Xers. They are also more likely to engage with their employer in choosing a plan.

The Consumer Engagement in Health Care Survey found that 60 percent of millennials, 50 percent of baby boomers and 48 percent of gen Xers are satisfied with the ease of choosing a plan.

Fifty-nine percent of millennials compared with 48 percent of baby boomers and 43 percent of gen Xers are satisfied with the information that is available to help decide which plan is right for them.

Millennials have better habits of working out, eating healthy, and sustaining a normal weight. Baby boomers and gen Xers do not have the same habits. Millennials are also more likely to ask for a brand name drug or a generic drug and more likely to ask how much a surgery or procedure is before agreeing to undergo it.

50 percent of millennials, 42 percent of baby boomers, and 38 percent os gen Xers are happy with the variety of plans they can choose from.

54 percent of millennials , 41 percent of baby boomers, and 37 percent of gen Xers are satisfied with the availability of affordable health plans

As an independent agency, Cosmo can help you select the best individual health insurance plans in New Jersey or family coverage from a broad range of insurers catering to the individual and group healthcare coverage market. Cosmo has particular expertise is in the ACA individual marketplace exchanges. Our individual and group health insurance brokers in New Jersey have the knowledge, personal attention, and honesty, that will help you make an informed choice.

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Millennials happier with health plan options

2024