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, Inc. (NASDAQ: EHTH) has reported significant progress in customer adoption of its Customer Center service, with over 160,000 Medicare beneficiaries creating accounts since its October 2020 launch. Data indicates that users of the Customer Center are 27% more likely to retain their Medicare Advantage coverage after 90 days compared to non-users. Additionally, eHealth has implemented a cloud-based contact center to enhance customer service and training for agents during the upcoming Medicare Annual Enrollment Period. These initiatives aim to strengthen customer relationships and improve retention.
eHealth, Inc. (Nasdaq: EHTH) announced the appointment of Fran Soistman as CEO, effective November 1, 2021, succeeding Scott Flanders, who will retire but assist in the transition through 2021. Soistman brings nearly 40 years of healthcare experience, previously leading roles at CVS Health and Aetna. He aims to focus on improving sales and operations during the upcoming Medicare Annual Enrollment Period. Dale Wolf was named Chair of the Board. The leadership change is set against a backdrop of evolving online healthcare marketplace demands.
eHealth, Inc. (NASDAQ: EHTH) has appointed Christine Janofsky as its new chief financial officer, effective September 20, 2021. Janofsky brings over 20 years of finance and insurance experience, previously serving at Lincoln Financial Group. With her appointment, women comprise 23% of eHealth's senior vice presidents and 31% of vice presidents. CEO Scott Flanders emphasized the importance of her leadership as the company adapts to increasing online health insurance enrollments. eHealth operates a leading health insurance marketplace, connecting millions with insurance options.
Innovative Partnerships Group (IPG) has launched a new division, IPG Health, aimed at enhancing corporate partnerships in the healthcare and life sciences sectors. This division will be led by Eric Marton, a seasoned expert with over 25 years in healthcare and venture capital. Marton will drive growth and expand IPG's technology portfolio, working with clients including Bayer (BAYRY), eHealth (EHTH), and Herbalife (HLF). IPG Health focuses on creating innovative financing solutions and transforming vendor relationships into sustainable partnerships.
eHealth, Inc. (NASDAQ: EHTH) released its ACA Index Report on Unsubsidized Consumers for the 2021 open enrollment period, highlighting ongoing challenges faced by consumers without federal subsidies. The report reveals that average individual premiums decreased slightly to $450, while family premiums remained stable at $1,157. The average deductible for individual plans rose 4% since 2019. Notably, family potential costs exceeded $25,000, with a significant increase in the popularity of EPO plans. The report emphasizes concerns about the expiration of expanded subsidies under the American Rescue Plan Act.
eHealth, Inc. (Nasdaq: EHTH) reported its second-quarter financial results for the period ending June 30, 2021. The company highlighted its leadership in the online health insurance marketplace, having connected over 8 million members with health insurance options since 1997. The earnings presentation and webcast details will be accessible on their Investor Relations website. Stakeholders are encouraged to listen to the conference call on July 29, 2021, to discuss these results further, with a replay available afterward.
eHealth, Inc. (NASDAQ: EHTH) will release its second quarter 2021 financial results on July 29, 2021. An earnings conference call will follow at 5 p.m. ET, where company executives will discuss the results. Interested parties can participate by dialing (877) 930-8066 for domestic callers or (253) 336-8042 for international callers, using the passcode 2674206. A telephone replay will be available after the call, and a live webcast can be accessed on the company's website.
eHealth, Inc. (NASDAQ: EHTH) reports significant potential savings for Medicare beneficiaries. Their analysis reveals that those enrolled in Medicare Advantage Prescription Drug or stand-alone Medicare Part D plans could save an average of $762 annually, or $63.50 monthly, by optimizing their coverage for prescription drugs. About 94% of users of eHealth's comparison tool could benefit from switching to a more cost-effective plan. Specific potential savings include $873 for MAPD enrollees and $708 for Part D plan enrollees. The insights are based on over 33,000 user sessions.
eHealth, Inc. (NASDAQ: EHTH) announced its inaugural Environmental, Social, and Governance (ESG) report for the 2020 calendar year, highlighting its commitment to corporate responsibility aligned with the UN Sustainable Development Goals. Key aspects include launching a corporate sustainability program, enhancing diversity and inclusion efforts, adopting a Global Human Rights Policy, and updating investment policies to focus on strong ESG practices. The report aims to provide transparency for stakeholders and is part of eHealth's ongoing commitment to ethical operations.
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