eHealth, Inc. - EHTH STOCK NEWS

eHealth, Inc. (Nasdaq: EHTH) reported its fourth quarter and fiscal year results for 2022, revealing significant developments in its health insurance marketplace. The company has connected over eight million members with various health plans through its platforms. With a focus on Medicare Advantage and related products, eHealth continues to provide access to coverage options from approximately 200 insurance companies nationwide. The earnings press release is accessible via their investor relations page for in-depth financial metrics and insights.

eHealth, Inc. (Nasdaq: EHTH), a prominent private online health insurance marketplace, will present at Citi's 2023 Healthcare Services, Medtech, Tools & HCIT Conference on March 2, 2023, at 11:00 a.m. E.T. Investors can access the live audio webcast on eHealth's website under Investor Relations, with a replay available shortly after the event. With over 25 years of experience, eHealth connects consumers with health insurance solutions through its online platforms, eHealth.com and eHealthMedicare.com, facilitating coverage for over eight million members from around 200 health insurance providers across the nation.

eHealth, Inc. (NASDAQ: EHTH) released a survey report revealing that 88% of Medicare beneficiaries are satisfied with their coverage. However, 75% of these individuals express concerns about out-of-pocket costs, and 43% worry about premiums. The survey, which included over 4,500 participants, also highlighted that 62% fear increased costs post-COVID emergency declaration. Notably, 95% believe annual coverage reviews are essential, yet only 10% are aware of the ongoing Medicare Advantage enrollment period. The report emphasizes the need for policymakers to better address beneficiaries' concerns.

eHealth, Inc. (Nasdaq: EHTH) announced that Randall Livingston will not seek re-election to the Board of Directors and will step down after the 2023 annual meeting. Livingston has served on the board for 14 years, contributing significantly as Chair of the Audit Committee and on the Government and Regulatory Affairs Committee. CEO Fran Soistman acknowledged Livingston's valuable contributions to the company's strategic transformation and financial performance improvements. The board expressed gratitude for his long-standing commitment, while Livingston remains optimistic about eHealth's future under Soistman's leadership.

eHealth, Inc. (Nasdaq: EHTH) has announced the return of Lara Sasken as Senior Vice President of Communications, effective February 6, 2023. CEO Fran Soistman expressed excitement about Sasken's extensive experience in corporate communications, viewing her as a pivotal contributor to the company's strategic goals for 2023 and beyond. With a history at eHealth since 2020, Sasken has also held senior roles at SurveyMonkey, Facebook, and GoPro. This leadership change comes as eHealth continues to develop its business model, aiming to enhance customer service and operational efficiency.

eHealth, Inc. (Nasdaq: EHTH) plans to announce its fourth quarter and fiscal year 2022 financial results on February 28, 2023. An earnings conference call will follow at 8:30 a.m. Eastern Time, hosted by CEO Fran Soistman and CFO John Stelben. Interested participants can dial (888) 886-7786 or access a live webcast via their Investor Relations website. The call will include discussions of financial results and is open to the public, with a replay available for one year. eHealth has provided health insurance solutions to over eight million members through its platforms.

eHealth, Inc. (Nasdaq: EHTH) reported preliminary financial results for Q4 and fiscal year 2022, highlighting strong performance in its telesales operations. Q4 revenue is projected between $190 to $200 million, exceeding guidance of $375 to $395 million for the year, anticipated between $395 to $405 million. Q4 GAAP net income is expected between $16 to $21 million, with a yearly net loss of $93 to $88 million, lower than previous estimates. Adjusted EBITDA is expected at $40 to $50 million for Q4 and a year-end loss of $50 to $40 million. The company achieved over $110 million in cost savings in 2022 while improving sales efficiency.

eHealth, Inc. (Nasdaq: EHTH) announced the appointment of Ketan Babaria as Senior Vice President and Chief Digital Officer on January 23, 2023. Babaria, previously Chief Product Officer at M1 Finance, brings over 20 years of product management experience from various roles at notable companies including Roofstock and Capital One. CEO Fran Soistman emphasized the strategic importance of this addition to eHealth's leadership, stating it aligns with the company’s growth objectives and innovation in the health insurance market. eHealth has connected over 8 million members with various health insurance coverage options through its online marketplace.

eHealth, Inc. (Nasdaq: EHTH) announced on January 1, 2023, that it granted inducement stock unit awards to John Stelben, its new Senior Vice President and CFO. The first award consists of 375,000 shares, vesting over four years, with 25% vesting on the first anniversary and the remainder quarterly. The second award includes 125,000 shares, vesting contingent on achieving stock price goals within four years. These grants comply with Nasdaq Listing Rule 5635(c)(4) and aim to incentivize Stelben in his new role.