Group 1 - SelectQuote, Inc. has signed a new multi-year agreement with a major pharmacy benefit manager (PBM), effective January 1, 2026, which is expected to enhance visibility into reimbursement rates and provide better economic predictability for Medicare [1][2]. - The agreement aims to improve financial stability and consistency for both SelectQuote and the PBM partner, allowing SelectQuote to continue investing in its SelectRx pharmacy [2][3]. - CEO Tim Danker emphasized that the new contract will enhance visibility to reimbursement rates, supporting the growth of SelectRx and improving medication adherence and health outcomes for patients [3]. Group 2 - On January 13, SelectQuote secured a $415 million senior secured credit facility with Pathlight Capital, intended to refinance existing debt and support working capital needs, which is expected to lower the cost of capital and improve overall liquidity [4]. - SelectQuote operates as a direct-to-consumer insurance brokerage, facilitating the comparison and purchase of various insurance policies, including term life, Medicare supplement/Advantage, auto, and home insurance [5].