Financial Results - eHealth, Inc. announced its financial results for the fourth quarter and fiscal year ended December 31, 2024 [1] - The company reported significant growth in its online health insurance marketplace, highlighting its role as a leading independent licensed insurance agency [4] Conference Call Information - A webcast and conference call regarding the financial results will be held on February 26, 2025, at 8:30 a.m. Eastern Time [3] - Interested participants can join the call by dialing (800) 549-8228 with the participant passcode 72156 [3] Company Overview - eHealth has been operational for over 25 years, assisting millions of Americans in finding suitable healthcare coverage [4] - The company provides access to over 180 health insurers, including both national and regional companies [4]

Core Viewpoint - Fortrea has appointed Erin L. Russell as a new independent member of its Board of Directors, following a cooperation agreement with Starboard Value LP, which owns approximately 5.4% of Fortrea's outstanding common stock [1][2]. Company Summary - Fortrea is a leading global contract research organization (CRO) that provides clinical development solutions to the life sciences industry, partnering with biopharmaceutical, biotechnology, medical device, and diagnostic companies [5]. - The company offers phase I-IV clinical trial management, clinical pharmacology, and consulting services, leveraging over 30 years of experience across more than 20 therapeutic areas [5]. Board Appointment - Erin L. Russell brings extensive experience in finance and healthcare, having held executive and board roles in various companies, including Modivcare, eHealth, and Kadant [2]. - Russell's previous board experience includes Tivity Health, DeVilbiss Healthcare, DynaVox, and 21st Century Oncology [2]. - She has a background in private equity, having spent 16 years as a principal at Vestar Capital Partners [2]. Cooperation Agreement - The cooperation agreement with Starboard includes a customary standstill and voting agreement, with Starboard having the right to appoint a representative to the Board under certain conditions starting in August 2025 [3]. - Both Fortrea and Starboard expressed positive sentiments regarding their collaboration, emphasizing the goal of driving financial improvements and maximizing shareholder value [2][3]. Advisory and Legal Counsel - Barclays is serving as the financial advisor to Fortrea, while White & Case LLP and Smith, Anderson, Blount, Dorsett, Mitchell & Jernigan, LLP are providing legal counsel to Fortrea [4]. - Starboard is represented by Olshan Frome Wolosky LLP as its legal counsel [4].

Company Overview - eHealth (EHTH) shares increased by 6.4% to close at $10.45, with notable trading volume compared to typical sessions, while the stock gained 0.8% over the past four weeks [1] - The company is expected to benefit from strong Medicare Advantage enrollment growth and has made significant progress in enhancing its tele sales organization [2] Revenue and Earnings Expectations - eHealth is projected to report quarterly earnings of $1.91 per share, reflecting an 18.6% year-over-year increase, with revenues expected to reach $270.08 million, a 9.1% increase from the previous year [4] - The consensus EPS estimate for eHealth has remained unchanged over the last 30 days, indicating that stock price movements may not continue without trends in earnings estimate revisions [6] Strategic Focus - The company is focused on developing a local market-oriented, omni-channel enrollment engine to improve conversion rates and margins, while expanding its product portfolio beyond Medicare Advantage [3] - This strategic focus is anticipated to drive revenue growth and generate positive adjusted EBITDA [3]

Group 1 - eHealth, Inc. plans to release its fourth quarter and fiscal year 2024 financial results on February 26, 2025 [1] - An earnings conference call will be held on the same day at 8:30 a.m. Eastern Time, hosted by CEO Fran Soistman and CFO John Dolan [2] - A live webcast of the earnings call will be available on the Investor Relations page of the company's website, with a replay accessible for one year [3] Group 2 - eHealth has been operating for over 25 years, assisting millions of Americans in finding affordable healthcare coverage [4] - The company is an independent licensed insurance agency, providing access to over 180 health insurers, including both national and regional companies [4] - For further information, eHealth encourages visits to their website and social media platforms [4]

Core Insights - eHealth, Inc. has launched Iris by eHealth, an Individual Coverage Health Reimbursement Account (ICHRA) solution aimed at helping employers manage healthcare costs while providing employees with personalized health plan options [1][2] Group 1: Cost Savings and Flexibility - Employers can potentially save an average of 17% on healthcare costs by utilizing ICHRA, allowing employees to select health plans that meet their unique needs [2][4] - The ICHRA model addresses the healthcare needs of diverse workforces, including geographically dispersed, seasonal, and mixed part-time and full-time employees [2] Group 2: User Experience and Support - Employers have reported satisfaction with the cost savings and the increased plan options available to employees through the individual market [3] - eHealth provides comprehensive support, including no plan markups or hidden fees, and offers a free annual review of plan options [3][7] Group 3: Functionality of Iris Platform - The Iris platform allows employers to set a flat monthly contribution towards each employee's health coverage, while employees can choose plans from various top insurance companies [7] - Employees can customize their plan selections by adding preferred doctors and prescriptions, ensuring their choices align with personal healthcare needs [7]

Group 1 - eHealth, Inc. (NASDAQ: EHTH) stock is experiencing significant gains, indicating potential for further upside in the small-cap sector [1] - The company operates as an online private health insurance marketplace, which has faced challenges in the current market environment [1]

Core Insights - eHealth, Inc. reported strong performance during the Annual Enrollment Period (AEP), driven by significant changes in Medicare Advantage and Part D plan offerings, leading to increased demand for its services [2][3] - The company has revised its fiscal year 2024 guidance, indicating improved revenue and adjusted EBITDA expectations compared to previous estimates [5][6] AEP Performance Highlights - eHealth experienced strong year-over-year growth in submitted Medicare applications, particularly in direct marketing channels [4] - The company achieved an all-time high in AEP submitted application volume in the online unassisted category [4] - Telephonic and online conversion rates exceeded expectations, showing meaningful year-over-year improvement [4] - The LTV-to-CAC ratio improved in the Medicare business, indicating better customer acquisition efficiency [4] - A new comprehensive member retention program successfully encouraged consumers to return to the eHealth platform for coverage reviews and healthcare plan shopping [4] Updated Financial Guidance - Total revenue for fiscal year 2024 is now expected to be between $500 million and $520 million, up from the previous range of $470 million to $495 million [6] - GAAP net income (loss) is projected to range from $(12 million) to $3 million, an improvement from the prior range of $(36.5 million) to $(22 million) [6] - Adjusted EBITDA is expected to be between $40 million and $55 million, significantly higher than the previous range of $7.5 million to $25 million [6] - The updated guidance includes anticipated positive net adjustment revenue of $14 million to $20 million [7] - Operating cash flow is expected to range from $(15 million) to $(5 million), reflecting increased investment in profitable Medicare enrollment growth [7] Management Commentary - The CEO emphasized the company's successful transformation initiatives and AEP preparedness, which contributed to strong consumer demand and enrollment growth [2][3] - The CFO highlighted that the mid-point of the updated guidance suggests substantial margin expansion and attractive cash ROI from the AEP cohort [8]

Core Insights - The average premium for Medicare Part D drug plans has increased by 17% compared to the previous year during the first half of Medicare's Annual Enrollment Period [1] - A significant majority of Medicare beneficiaries express confidence in the future sustainability of Medicare following the presidential election, with 64% feeling more assured [2] - Beneficiaries' top priorities for the incoming administration include lowering drug costs, reducing out-of-pocket expenses, and strengthening Medicare Advantage [2] Enrollment Trends - 79% of Medicare Advantage and Medicare Part D plan enrollees report changes in costs or benefits under their current plans [3] - 88% of beneficiaries have started reviewing their coverage options, with 63% indicating they will enroll in a new Medicare plan for 2025 [3] - 87% of beneficiaries feel more confident in selecting a Medicare plan when assisted by a licensed health insurance agent [3] Research Methodology - The report is based on an analysis of tens of thousands of Medicare plans selected through eHealth from October 15 to November 8, 2024 [4] - Survey findings are derived from a poll of Medicare beneficiaries conducted by a third-party vendor [4]

eHealth, Inc.’s (EHTH) shares lost 6.1% since it reported third-quarter results on Nov. 6, 2024. The quarterly results were hurt by lower commissions and other revenues. However, lower expenses and growth in Medicare application volume across agency and carrier-dedicated platforms partially offset the negatives.EHTH incurred a third-quarter 2024 adjusted loss of $1.86 per share, wider than the Zacks Consensus Estimate of a loss of $1.13 per share and the prior-year quarter’s loss of $1.54 per share. Revenue ...

Core Insights - eHealth, Inc. has been awarded the 2024 Silver Healthcare Marketing Impact Award for its innovative marketing campaign targeting Medicare beneficiaries [1][2] - The campaign emphasizes transparency and consumer empowerment, showcasing real beneficiaries using eHealth's services to compare Medicare plans [3][4] Company Overview - eHealth operates as a leading online private health insurance marketplace, providing access to over 180 health insurers [4] - The company has been in operation for over 25 years, helping millions of Americans find affordable healthcare coverage [4] Marketing Strategy - The rebranding initiative, developed with Shinebox, focuses on real-life testimonials from beneficiaries in unscripted advertisements [3] - The campaign aims to shift the industry narrative from fear-based marketing to a customer-centric approach, enhancing brand awareness and reducing acquisition costs [4]