
The demand for health insurance policies has hit record highs in the post-pandemic era. According to The Department of Health and Human Services (HHS), the Affordable Care Act insurance policy’s enrollees stood at 35.80 million people in early 2022, up 32.1% since 2020. Furthermore, HHS recently declared more convenient, affordable, and improved policies soon to be implemented for a better consumer experience.
In addition, several organizations now realize the necessity for health insurance for their employees amid rising health awareness. According to Research and Markets, the U.S. Health Insurance Market is estimated to grow at a 10.2% CAGR from 2022 to 2027.