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Voters Reveal Their Healthcare Priorities for the Next President in New eHealth Report
Prnewswire· 2024-09-18 12:00
88% are "shocked" by how much their healthcare costs have increased in the past four years Respondents say next president should focus on Medicare sustainability and address medical and prescription drug costs AUSTIN, Texas, Sept. 18, 2024 /PRNewswire/ -- With the presidential election less than two months away, new research published today by eHealth, Inc. (NASDAQ: EHTH) (eHealth.com), a leading private online health insurance marketplace, shows that Republicans and Democrats are united in their growing al ...
eHealth Earns Carrier Awards for Best-in-Class Quality and Customer Retention
Prnewswire· 2024-09-04 13:00
AUSTIN, Texas, Sept. 4, 2024 /PRNewswire/ -- eHealth, Inc. (NASDAQ: EHTH) (eHealth.com), a leading private online health insurance marketplace, announced today that the company recently earned awards for bestin-class in overall quality and customer retention from four major health insurance carriers. The awards, which recognize eHealth's customer-centric approach to matching Medicare beneficiaries with plans that fit their needs and budget, comes just weeks ahead of this year's Medicare Annual Enrollment Pe ...
U.S. eHealth Market Report 2024-2030: Telemedicine, Health Information Systems, mHealth, ePharmacy, Providers, Payers, Patients Size, Share & Trends Analysis
GlobeNewswire News Room· 2024-08-26 13:17
Dublin, Aug. 26, 2024 (GLOBE NEWSWIRE) -- The "U.S. eHealth Market Size, Share & Trends Analysis Report By Product (Telemedicine, Health Information Systems, mHealth, ePharmacy), By End Use (Providers, Payers, Patients), And Segment Forecasts, 2024 - 2030" report has been added to ResearchAndMarkets.com's offering. The U.S. eHealth market size is expected to reach USD 376.6 billion by 2030, registering a CAGR of 17.6% from 2024 to 2030 The eHealth market is driven by several key factors, including ongoing t ...
eHealth, Inc. to Present at the Sidoti Virtual Investor Conference
Prnewswire· 2024-08-09 20:15
AUSTIN, Texas, Aug. 9, 2024 /PRNewswire/ -- eHealth, Inc. (Nasdaq: EHTH), a leading private online health insurance marketplace, today announced that Fran Soistman, Chief Executive Officer, will present at the Sidoti Virtual Investor Conference on Wednesday, August 14th, 2024 at 2:30 p.m. E.T. Interested investors can access the live audio webcast of the presentation on eHealth's Investor Relations website at https://ir.ehealthinsurance.com. About eHealth, Inc. We're Matchmakers. For over 25 years, eHealth ...
eHealth (EHTH) Incurs Q2 Loss on Weak Employer and Individual Unit
ZACKS· 2024-08-08 18:36
eHealth, Inc. (EHTH) incurred a second-quarter 2024 adjusted loss of $1.09 per share, wider than the Zacks Consensus Estimate of a loss of 71 cents per share and the prior-year quarter's loss of $1.05 per share. Revenues dipped 1% year over year to $65.9 million. The top line outpaced the consensus mark by 18%. The quarterly results suffered a blow due to an elevated expense level, particularly in marketing and advertising. The Employer and Individual segment saw decreased revenues and profit. Nevertheless, ...
eHealth(EHTH) - 2024 Q2 - Quarterly Report
2024-08-07 20:15
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-33071 _____________________________________________ EHEALTH, INC. (Exact name of registrant as specified in its charter) __________________ ...
eHealth(EHTH) - 2024 Q2 - Earnings Call Transcript
2024-08-07 18:56
Financial Data and Key Metrics Changes - Total second quarter revenue was $65.9 million, a decline of 1% year-over-year, while excluding tail revenue, total revenue increased by 13% year-over-year [24] - The second quarter GAAP net loss was $28 million compared to a loss of $23.5 million a year ago, and adjusted EBITDA was negative $15.5 million compared to negative $14.8 million in Q2 of 2023 [32] - Operating cash flow was negative $32.2 million compared to negative $9.4 million in Q2 2023, primarily driven by higher payouts of previously accrued performance bonuses [32] Business Line Data and Key Metrics Changes - The Medicare segment generated $59.2 million in revenue, an increase of 7% compared to the second quarter of 2023, with Medicare revenue growing 16% year-over-year when excluding tail revenue [24][26] - The Medicare agency model delivered a 9% year-over-year growth in Medicare Advantage submissions, driven by strong performance in direct and affiliate marketing channels [16] - The Amplify platform generated $4.1 million in total revenue in Q2, contributing to a 37% year-over-year growth in non-commission or other revenue [17] Market Data and Key Metrics Changes - Total second quarter Medicare submissions grew 16%, including 17% growth for Medicare Advantage plans and a 25% growth for Med Supp [26] - The anticipated changes in Medicare plans could lead to significant market disruptions, with many plans discussing high single-digit to low double-digit member attrition [44] Company Strategy and Development Direction - The company is focused on enhancing its capital structure and preparing for the upcoming annual enrollment period (AEP) by training new advisers and rolling out new customer retention strategies [6][8] - eHealth aims to leverage its omnichannel choice model and trusted adviser position to capture strong consumer demand during the enrollment season [9] - The company is also enhancing user experience across its platform, including updates to planned comparison tools and the introduction of a video enrollment tool [14][15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate the upcoming AEP despite potential market disruptions due to political factors and regulatory changes [40][44] - The company is raising its guidance for Fiscal Year 2024, expecting total revenue to be in the range of $470 million to $495 million, reflecting strong performance and greater tail revenue year-to-date [35] Other Important Information - Fran Soistman announced plans to retire as CEO by or before the second quarter of 2025, emphasizing the importance of a smooth transition for the company [5][6] - John Stelben, the CFO, is also transitioning out, with John Dolan set to succeed him, ensuring continuity in financial leadership [22][37] Q&A Session Summary Question: How will the company adjust marketing budgets in light of political spending during AEP? - The company plans to shift marketing dollars to channels less affected by the national election, such as direct mail and SEO, while acknowledging the challenges posed by the election [39][40] Question: What is the expected churn for the 2025 AEP and how will the company gain market share? - Management highlighted retention as a key strategic priority and expressed confidence in their proactive measures to address potential churn while also seizing opportunities for growth due to market exits [44][45]
EHealth (EHTH) Reports Q2 Loss, Tops Revenue Estimates
ZACKS· 2024-08-07 13:46
EHealth (EHTH) came out with a quarterly loss of $1.09 per share versus the Zacks Consensus Estimate of a loss of $0.71. This compares to loss of $1.05 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -53.52%. A quarter ago, it was expected that this provider of internet-based heath insurance agency services would post a loss of $0.39 per share when it actually produced a loss of $0.79, delivering a surprise of -102.56%. Over ...
eHealth(EHTH) - 2024 Q2 - Quarterly Results
2024-08-07 11:38
eHealth, Inc. Announces Second Quarter 2024 Results Strong second quarter results driven by Medicare segment growth YoY Raises 2024 Annual Guidance AUSTIN, Texas — August 7, 2024 — eHealth, Inc. (Nasdaq: EHTH), a leading private online health insurance marketplace, today announced its financial results for the second quarter ended June 30, 2024. CEO Comments "eHealth delivered another quarter of strong execution generating significant growth in second quarter Medicare application volume across our agency an ...
eHealth, Inc. Announces Second Quarter 2024 Results
Prnewswire· 2024-08-07 11:30
AUSTIN, Texas, Aug. 7, 2024 /PRNewswire/ -- eHealth, Inc. (Nasdaq: EHTH), a leading private online health insurance marketplace, today announced its financial results for the second quarter ended June 30, 2024. Please click the PDF link to access the full earnings press release: The earnings press release and earnings presentation can also be accessed on the eHealth Investor Relations website at https://ir.ehealthinsurance.com. View PDFeHealth, Inc. Announces Second Quarter 2024 Results Webcast and Conferen ...