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) released an analysis showing that Medicare beneficiaries can save significant amounts on Supplement plans by choosing the lowest-cost options. Specifically, beneficiaries could save an average of $840 annually for Plan G and $648 for Plan N. The study covered 67 metropolitan areas, highlighting that Plan G premiums ranged from $90 to $476, and Plan N premiums varied from $78 to $284. The report emphasizes the variation in costs among different insurers for similar plans, advocating for consumers to compare options.
eHealth, Inc. (NASDAQ: EHTH) announced the appointment of John Hass to its Board of Directors on March 10, 2021, as part of an agreement with Hudson Executive Capital LP (HEC). This agreement stipulates the immediate appointment of one new director and a second within 45 days, aimed at enhancing governance and strategic execution. HEC, holding approximately 6% of eHealth's stock, emphasizes the importance of strong leadership during critical company growth phases. With six new directors added in three years, eHealth's governance is positioned for improved performance and market share capture.
On March 4, 2021, eHealth, Inc. (NASDAQ: EHTH) announced the formation of the eHealth Public Policy Advisory Committee. This group includes distinguished experts in health care policy, such as former Kentucky Governor Steve Beshear and former U.S. Surgeon General Jerome Adams. The committee aims to guide health care policies using insights from eHealth's consumer data. eHealth advocates for expanded ACA subsidies and a lower Medicare eligibility age. The company, operating since 1997, connects millions to health insurance options through its platforms.
eHealth, Inc. (NASDAQ: EHTH) has appointed Alan Jones as its new Vice President of Innovation and Market Insights as of March 2, 2021. Jones, who previously led Medicare strategy at Sutter Health, brings extensive experience in health care economics and integrated care delivery. His expertise aims to enhance eHealth's market presence and improve customer retention strategies. The company has established itself as a leader in the Medicare marketplace with over 8 million members connected to various health insurance options.
eHealth, Inc. (NASDAQ: EHTH) will present at the Barclays Global Healthcare Conference on March 11, 2021, at 11:30 a.m. E.T. Investors can access the live audio webcast through the company's website. A replay will be available for 14 days after the event. eHealth operates a leading online health insurance marketplace, connecting over 8 million members with quality health insurance and Medicare options since 1997. The marketplace offers various plans from over 180 health insurance carriers across the U.S.
eHealth, Inc. (NASDAQ: EHTH) announced that its new Customer Center has surpassed 100,000 Medicare customer sign-ups since launching in October 2020. CEO Scott Flanders emphasized the platform's role in enhancing customer satisfaction and retention. The Customer Center allows users to create secure profiles for personalized Medicare coverage recommendations and to manage their healthcare details easily. As many seniors face challenges with online health services, eHealth aims to expand the Customer Center's features to improve user experience further.
eHealth, Inc. (NASDAQ: EHTH) released its Medicare Index Report for 2021, highlighting significant trends among Medicare beneficiaries during the Annual Enrollment Period (AEP). For 2021, 77% of eHealth's Medicare customers selected Medicare Advantage plans, a notable increase from 61% in 2020. Additionally, 86% of beneficiaries chose $0 premium plans, contributing to a 71% decrease in average premiums since 2018, with an average monthly premium of $5. The report is based on over 298,000 applications submitted during the AEP from October 15 to December 7, 2020.
eHealth, Inc. (NASDAQ: EHTH) announced its participation at the Raymond James 42nd Annual Institutional Investors Conference scheduled for March 1, 2021, at 1:20 p.m. E.T. Investors can access a live audio webcast of the presentation via the company's website, ehealthinsurance.com. A replay will be available for 14 days post-event. Since its inception in 1997, eHealth has connected over 8 million members with diverse health insurance options across the U.S., including Medicare plans.
eHealth, Inc. (NASDAQ: EHTH) reported its financial results for Q4 and FY 2020, highlighting a 3% decrease in Q4 revenue to $293.3 million. Net income fell by 33% to $59.9 million, with a 36% drop in income from operations. Despite these declines, there were gains in other revenue by 99% and significant increases in new Medicare Advantage members. The company anticipates improvements in 2021, buoyed by enhanced operational strategies and increased agent productivity.
eHealth, Inc. (NASDAQ: EHTH) announced it will release its fourth quarter and fiscal year 2020 financial results on February 18, 2021. CEO Scott Flanders and CFO Derek Yung will host a conference call at 5 p.m. Eastern Time to discuss the results. Interested parties can join the call by dialing (877) 930-8066 for domestic and (253) 336-8042 for international callers. A replay of the call will be available for seven days following its conclusion. eHealth operates a leading health insurance marketplace, connecting over 8 million members with various health insurance plans.
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