Welcome to our dedicated page for eHealth news (Ticker: EHTH), a resource for investors and traders seeking the latest updates and insights on eHealth stock.
eHealth, Inc. (NASDAQ: EHTH) operates the nation’s first and largest private health insurance exchange, eHealthInsurance.com. Through this platform, individuals, families, and small businesses can compare and purchase health insurance products from over 200 leading insurance companies. The company is licensed to sell health insurance in all 50 states and the District of Columbia.
eHealth, Inc. generates revenue from two primary segments: Medicare and Employer and Individual. The Medicare segment, which is the largest revenue driver, provides online tools and resources to help Medicare beneficiaries navigate their health insurance options and enroll in plans through PlanPrescriber.com and eHealthMedicare.com. The Employer and Individual segment offers a wide array of health plans for individuals and small businesses.
Recently, eHealth has announced several significant initiatives and achievements:
- Financial Results: The company reported its Q4 2023 and fiscal year-end financial results, emphasizing robust performance and strategic growth.
- Advisor in the Room: An innovative pilot program that enhances customer-advisor interactions through real-time, digital consultations.
- Public Policy Advisory Committee: The addition of Jaime Herrera Beutler to its advisory committee, bringing valuable insights from her experience in public policy.
- ePerks Rewards Program: Launch of a rewards program aimed at enhancing customer loyalty and engagement by offering a variety of benefits to members.
eHealth is consistently working on technological advancements to improve its service offerings. With a strong focus on customer engagement and satisfaction, the company aims to simplify the process of selecting and enrolling in health insurance plans. The firm also emphasizes its commitment to regulatory compliance and effective risk management.
For more information and to stay updated on the latest news, visit the eHealth Investor Relations page or follow eHealth on LinkedIn, Facebook, Instagram, and X (Twitter).
eHealth (NASDAQ: EHTH) has updated its fiscal year 2024 guidance following strong performance during the Annual Enrollment Period (AEP). The company reported significant growth in Medicare applications and record-high unassisted online submissions. Total revenue guidance has been raised to $500.0-520.0 million from $470.0-495.0 million previously.
The company improved its GAAP net loss outlook to $(12.0) million to $3.0 million from $(36.5) million to $(22.0) million, and increased its Adjusted EBITDA guidance to $40.0-55.0 million from $7.5-25.0 million. Operating cash flow is expected to be $(15.0) million to $(5.0) million, reflecting investments in Medicare enrollment growth.
eHealth's latest research reveals significant changes in Medicare costs and beneficiary sentiments during the Annual Enrollment Period. The average premium for Medicare Part D drug plans has increased 17% compared to last year. Survey findings show that 64% of Medicare beneficiaries feel more confident about Medicare's future under Trump's administration, with 72% believing he will prioritize their needs. Beneficiaries' top priorities include lowering drug costs, reducing out-of-pocket expenses, and strengthening Medicare Advantage. Notably, 79% of enrollees report changes in their current plan costs or benefits, while 87% feel more confident selecting plans with licensed agent assistance.
eHealth has been awarded the 2024 Silver Healthcare Marketing Impact Award for Integrated Campaign of the Year by Modern Healthcare and Ad Age. The award recognizes their innovative 'eHealth, Your Medicare Matchmaker' campaign, which features real Medicare beneficiaries in unscripted advertisements.
The campaign showcases eHealth's transparent approach as a free service that compares plans from multiple insurers, with unbiased advisors who receive the same compensation regardless of the plan selected. According to Chief Revenue Officer Michelle Barbeau, this strategy has proven successful, resulting in doubled brand awareness, increased website traffic and calls, and reduced acquisition costs.
eHealth (Nasdaq: EHTH) announced that CEO Fran Soistman will participate in a fireside chat presentation at the UBS Global Healthcare Conference on November 12th, 2024, at 4:15 p.m. Pacific Time. Investors can access the live audio webcast through eHealth's Investor Relations website.
eHealth (Nasdaq: EHTH) announced its financial results for the third quarter ended September 30, 2024. The company, a leading private online health insurance marketplace, scheduled a webcast and conference call for November 6, 2024, at 8:30 a.m. Eastern Time to discuss the results. The earnings release and presentation are available on the eHealth Investor Relations website.
eHealth Inc. (NASDAQ: EHTH) released a survey showing mixed reviews of the Affordable Care Act (ACA) among enrollees. The study reveals a significant divide between subsidized and unsubsidized participants. 66% of subsidized enrollees consider the ACA successful, compared to only 34% of unsubsidized ones. Regarding affordability, 81% of subsidized enrollees find their premiums affordable, versus 46% of unsubsidized enrollees.
The survey of over 300 ACA plan enrollees also found that 67% of likely voters consider healthcare a top-three voting issue, and 68% are satisfied with their health insurance plan. The next ACA open enrollment period runs from November 1 through January 15, 2025.
eHealth (Nasdaq: EHTH), a leading private online health insurance marketplace, announced its participation in the UBS Global Healthcare Conference on November 12th, 2024. CEO Fran Soistman will engage in investor meetings during the conference. Interested parties can arrange one-on-one meetings through their UBS representative or eHealth's investor relations contact.
eHealth (Nasdaq: EHTH) has achieved HITRUST i1 certification for its carrier integration platform hosted through Amazon Web Services. This certification validates the company's implementation of advanced security controls and compliance with comprehensive regulatory standards in healthcare data protection. The achievement strengthens eHealth's risk management strategy, enhances stakeholder confidence, and positions the company as a market leader in cybersecurity practices.
eHealth, Inc. (Nasdaq: EHTH), a leading private online health insurance marketplace, has announced its plans to release third quarter 2024 financial results on November 6, 2024. The company will hold an earnings conference call at 8:30 a.m. Eastern Time on the same day to discuss these results.
The call will be hosted by eHealth's CEO Fran Soistman and CFO John Dolan. Interested individuals can participate by dialing (800) 343-5172 with the participant passcode 1401106. A live webcast of the earnings call will be available on the company's Investor Relations page, and a replay will be accessible for one year following the call.
eHealth, Inc. (Nasdaq: EHTH), a leading online private health insurance marketplace, has been certified as a Great Place to Work®. This certification is based on employee feedback, with 84% of employees stating that eHealth is a great workplace. The recognition highlights employee satisfaction with the company's culture, leadership, and overall experience.
Jana Brown, Chief Human Resources Officer at eHealth, expressed pride in the certification, emphasizing the company's focus on creating an exceptional employee experience. The recognition is seen as a reflection of the team's commitment to fostering a supportive and empowering culture.
According to Great Place to Work® research, certified workplaces are more likely to have excellent leadership, with employees more likely to look forward to work and experience fair treatment in terms of pay, profit sharing, and promotions.
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