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).
Aloe Care Health has appointed Paul Rooney as Executive Vice President of Business Development, tasked with forging strategic partnerships, especially with Medicare plans. With extensive experience in healthcare and insurtech, Rooney previously worked at eHealth (EHTH), serving millions of Americans. The company's voice-activated system targets safety and communication needs of older adults. As enrollment in Medicare exceeds 62 million, Aloe Care aims to meet rising demands with comprehensive services enhancing care collaboration and reducing costs.
eHealth, Inc. (NASDAQ: EHTH), a prominent online health insurance marketplace, announced its participation in the 29th Annual Credit Suisse Virtual Healthcare Conference on November 11, 2020, at 2:00 p.m. E.T. Interested investors can access the live audio webcast at www.ehealthinsurance.com. A replay will be available for 14 days post-event. Founded in 1997, eHealth has connected over 8 million members with affordable health insurance, including Medicare options, through its marketplace featuring over 180 carriers across the U.S.
eHealth, Inc. (NASDAQ: EHTH) reported Q3 2020 revenue of $94.3 million, a 35% increase year-over-year. Medicare segment revenue rose 23% to $70.4 million, while the Individual, Family, and Small Business segment surged 88% to $23.9 million. Despite these gains, the company incurred a net loss of $14.5 million, up from $11.0 million in Q3 2019. The number of approved Medicare members increased 17% to 59,940, and new paying members rose 21% to 58,818. eHealth reaffirms its full-year 2020 guidance, reflecting confidence in future growth.
eHealth, Inc. (NASDAQ: EHTH) will announce its third quarter 2020 financial results on October 22, 2020. The earnings conference call will be hosted by CEO Scott Flanders and CFO Derek Yung at 5 p.m. Eastern Time.
Interested parties can join by calling (877) 930-8066 for domestic and (253) 336-8042 for international participants. A replay will be available after the call for 7 days.
eHealth operates a major health insurance exchange and aims to connect consumers with affordable health insurance options.
eHealth, Inc. (NASDAQ: EHTH) has announced that Chief Digital Officer, Phillip Morelock, will present a demo of their new Customer Center technology on October 7, 2020, at 4:00 p.m. E.T. This tool supports a broad e-commerce technology release aimed at enhancing consumer experience ahead of the Medicare Annual Enrollment Period. Investors can join the live webcast at ehealthinsurance.com. A replay will be available post-event for 90 days.
eHealth, Inc. (NASDAQ: EHTH) has launched a new Customer Center to enhance consumer engagement ahead of Medicare's Annual Enrollment Period. This secure platform allows users to create personalized profiles with their health care data, facilitating better coverage comparisons and recommendations. The company anticipates a significant increase in online Medicare applications, projecting that 45% to 50% of applications will be submitted online in Q4 2020, up from 36% last year. eHealth aims to continue expanding the Customer Center's functionality to boost member retention.
eHealth, Inc. (NASDAQ: EHTH) has released its Medicare Index Report for 2020, highlighting significant trends in Medicare insurance selections over the last three Annual Enrollment Periods (AEPs). 83% of customers opted for $0 premium Medicare Advantage plans in 2020, up from 73% in 2019 and 63% in 2018. The average monthly premium for these plans decreased to $6, down from $10 in 2019 and $17 in 2018. The report is based on over 280,000 applications submitted during the AEP for 2020 coverage.
eHealth, Inc. (NASDAQ: EHTH) has achieved its internal sales agent hiring goals ahead of the 2021 Medicare Annual Enrollment Period (AEP), with a 120% increase in full-time internal agents compared to last year. The new agent compensation model ties bonuses to enrollment longevity, aiming to enhance customer retention. Moreover, eHealth is implementing updated tools and a lead allocation system to improve agent efficiency. CEO Scott Flanders expressed optimism for a successful enrollment season as the company reduces reliance on external agents, expecting internal agents to comprise 45% of the workforce this AEP.
Robert Hurley, a digital health insurance expert with over 20 years at eHealth, joins Aloe Care Health's Advisory Board immediately. Aloe Care, known for its advanced voice-activated elder care service, aims to align its offerings with Medicare Advantage by 2021. Hurley’s experience, especially as President of Medicare Business at eHealth, is expected to bolster Aloe Care’s partnerships. His innovative approach to healthcare aligns with Aloe Care's mission of delivering modern solutions for elderly care, particularly amid the COVID-19 pandemic.
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