eHealth, Inc. - EHTH STOCK NEWS

eHealth, Inc. (Nasdaq: EHTH) announced the granting of stock options to Fran Soistman, its newly appointed CEO, effective November 1, 2021. On October 6, 2021, the Compensation Committee approved two inducement stock options totaling 200,000 shares, split equally between Time-Based and Performance-Based Options. The options have an exercise price equal to the closing stock price on the grant date and will vest over four years, subject to certain employment conditions. This grant aligns with NASDAQ Listing Rule 5635(c)(4) to incentivize Soistman’s employment.

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.