Highlights
- 85% of members reported having health insurance for 2023.
- Among the 14% of members who reported not having health insurance for 2023, 49% cited that premiums/deductibles were too expensive, 9% said that they couldn’t find a plan that they liked, and 2% said that insurers turned them down because of pre-existing health conditions.
- The top priorities related to health insurance coverage cited by members were affordable premiums, reasonable deductibles and co-pays, and access to preferred doctors.
- If a REALTOR® association health plan was offered with equally comprehensive benefits as their current plan, 19% of members said they would join it and leave their current health insurance plan, and 44% said they would join if there is a savings compared to their current plan.
- Members said that it would take a median of 30% of savings for them to leave their current health insurance plan and join a REALTOR® association health plan.
- The main reasons that members chose their current primary health insurance provider were that it was the cheaper option after comparison (26%), it was the only option for health insurance (25%), and it offers better services or benefits (20%).
- 9% of members reported having W-2 employees, with a median of 2 employees. Among that 9%, 19% of members currently offer an employer-sponsored health insurance plan.