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), a leading private online health insurance marketplace, announced on October 11, 2024, that its Compensation Committee granted inducement stock unit awards to two new employees. The awards, covering a total of 24,000 shares of the Company's common stock, were granted on October 9, 2024, under the Company's Amended and Restated 2021 Inducement Plan.
These awards will vest over three years, with one-third of the shares vesting on each of the first, second, and third anniversary of the award's vesting commencement date. Vesting is subject to the employee's continued service with eHealth. The stock unit awards were granted as inducements material to each new employee's employment agreement, in accordance with Nasdaq Listing Rule 5635(c)(4).
eHealth, Inc. (Nasdaq: EHTH) is prepared to assist Medicare beneficiaries during the upcoming Annual Enrollment Period (AEP) starting October 15. The company has introduced several innovations, including:
1. 'LiveAdvise': A video-based shopping and enrollment experience with live agents
2. 'MatchMonitor': A tool to simplify AEP for existing customers
3. 'AppTracker': Keeps customers informed about their application status
4. Enhanced usability and personalization across the ecommerce site
5. Improved live agent chat and co-browsing functions
eHealth has also strengthened its marketing strategy, featuring its spokesperson Eve in new ads. The company has hired and trained new licensed in-house agents and implemented a '100% Verification' standard for telephonic enrollments. Additionally, eHealth's 'AEP Aces' initiative encourages employees to volunteer as phone screeners during peak AEP weeks.
eHealth's recent survey of over 1,200 Medicare beneficiaries reveals significant concerns ahead of the Annual Enrollment Period (AEP). Key findings include:
- 73% worry about out-of-pocket costs
- 53% fear changes to plan benefits
- 50% are concerned about prescription drug coverage
The survey also shows that 84% of beneficiaries consider Medicare sustainability a top-three voting priority in the upcoming presidential election. Despite high satisfaction rates with current plans, only 30% have read their Annual Notice of Change letter. Given the potential for significant changes in 2025, 75% of beneficiaries support extending the AEP. eHealth CEO Fran Soistman emphasizes the need for more time and assistance during this period of change.
eHealth (Nasdaq: EHTH) has appointed Prama Bhatt as a Class II director and independent member of its Board of Directors, effective September 24, 2024. Ms. Bhatt, 54, will serve on the Audit Committee and the Government and Regulatory Affairs Committee, with her initial term running until the 2026 Annual Meeting of Stockholders.
Ms. Bhatt brings extensive experience in digital transformation, consumer growth strategies, and strategic leadership. She currently serves on the boards of Hormel Foods and JD Sports Fashion PLC. Her most recent role was as chief digital officer of Ulta Beauty, where she led the company's digital and ecommerce strategy from December 2019 to March 2024.
eHealth's CEO, Fran Soistman, and Board Chairperson, Beth Brooke, both expressed enthusiasm for Ms. Bhatt's appointment, highlighting her expertise in digital innovation and customer retention as valuable assets for the company's strategic priorities and continued growth.
eHealth's new report reveals 88% of Americans are shocked by healthcare cost increases over the past four years. The survey of 1,000+ respondents identified top healthcare priorities for the next president: ensuring Medicare sustainability (59%), addressing medical care costs (57%), and tackling prescription drug prices (50%). These concerns transcend party lines, with similar percentages among Democrats and Republicans.
Surprisingly, a majority of respondents from both parties were open to repealing the Affordable Care Act and implementing a single, government-run healthcare system. eHealth CEO Fran Soistman emphasized that the healthcare cost crisis is a fundamental issue impacting Americans' financial well-being, suggesting it could be a important factor in the upcoming presidential election.
eHealth (NASDAQ: EHTH) has earned prestigious awards from four major health insurance carriers for best-in-class quality and customer retention. The recognition comes just before the 2024 Medicare Annual Enrollment Period, starting October 15. Awards include:
1. Humana's 2024 Overall Quality Award (third consecutive year)
2. United Healthcare's 2024 Top Medicare Advantage Retention Award (second consecutive year)
3. Cigna's 2024 AEP National Call Center Retention Award
4. Aetna's 2024 Highest Issued Medicare Advantage Policies
These accolades highlight eHealth's customer-centric approach in matching Medicare beneficiaries with suitable plans. William Kinkead, VP of Carrier Development, expressed pride in the partnerships built with carriers who share eHealth's commitment to excellent service for Medicare beneficiaries.
eHealth, a leading private online health insurance marketplace, has announced its participation in the upcoming Sidoti Virtual Investor Conference. Fran Soistman, the company's Chief Executive Officer, is scheduled to present on Wednesday, August 14th, 2024 at 2:30 p.m. E.T.
Investors interested in attending the presentation can access the live audio webcast through eHealth's Investor Relations website. This event provides an opportunity for investors to gain insights into eHealth's operations and future prospects directly from the company's leadership.
eHealth's participation in this conference underscores its commitment to maintaining open communication with investors and showcasing its position in the online health insurance marketplace.
eHealth, Inc. (Nasdaq: EHTH), a leading private online health insurance marketplace, has announced its financial results for the second quarter ended June 30, 2024. The company has made the full earnings press release available via PDF link and on their Investor Relations website. eHealth will be hosting a webcast and conference call on Wednesday, August 7, 2024, at 8:30 a.m. Eastern Time to discuss the results. Interested individuals can join the call by dialing (800) 245-3047 with the participant passcode 1407192. The live and archived webcast will also be accessible on the company's Investor Relations page.
eHealth, Inc. (Nasdaq: EHTH) announced that CEO Fran Soistman will retire by Q2 2025, but will remain on the Board of Directors. The company has begun a search for his successor, engaging Spencer Stuart to evaluate internal and external candidates. Soistman's key achievements include:
- Completing a multi-year business transformation
- Creating a healthy company culture
- Building a strong leadership team
- Evolving carrier relationships
- Enhancing member retention
- Deploying new technologies
Soistman emphasized his commitment to leading eHealth through the upcoming Annual Enrollment Period and positioning the company for long-term success. The Board praised his leadership and contributions since joining in 2021.
eHealth's new report reveals significant challenges for Medicare beneficiaries ahead of the Annual Enrollment Period (AEP). Key findings include:
- Only 48% carefully read mail from insurers
- Just 36% find the Annual Notice of Change letter easily understandable
- 51% incorrectly believe most Medicare plans are 'basically the same'
- 81% have been in their current plan for 2+ years
- 51% have never changed their Medicare coverage
eHealth CEO Fran Soistman warns of potential disruptive changes in 2025, including benefit reductions and premium increases. The report emphasizes the importance of reviewing options and consulting licensed agents during AEP to ensure appropriate coverage.
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