Ehealth Inc Stock Price, News & Analysis

eHealth, Inc. (NASDAQ: EHTH), a prominent online health insurance marketplace, will release its third quarter 2021 financial results on November 8, 2021. A conference call is scheduled for 8:30 a.m. Eastern Time on the same day, led by the new CEO, Francis Soistman, and CFO, Christine Janofsky. The call will be accessible for both domestic and international callers. eHealth has served over 8 million members since 1997, providing a wide array of health insurance options.

eHealth, Inc. (NASDAQ: EHTH) is set to enhance Medicare enrollments starting October 15, 2021, coinciding with Medicare's Annual Enrollment Period (AEP). The company aims to improve enrollment quality through new sales integrity agents, a cloud-based monitoring system, and revised compensation models focusing on customer needs. Furthermore, eHealth has increased the proportion of in-house agents to 95% and provided additional training. With over 160,000 Customer Center accounts and revamped online shopping tools, eHealth aims to deliver a better experience for Medicare beneficiaries.

eHealth, Inc. (Nasdaq: EHTH) announced the granting of stock options to Fran Soistman, its newly appointed CEO, effective November 1, 2021. On October 6, 2021, the Compensation Committee approved two inducement stock options totaling 200,000 shares, split equally between Time-Based and Performance-Based Options. The options have an exercise price equal to the closing stock price on the grant date and will vest over four years, subject to certain employment conditions. This grant aligns with NASDAQ Listing Rule 5635(c)(4) to incentivize Soistman’s employment.

eHealth, Inc. (NASDAQ: EHTH) has reported significant progress in customer adoption of its Customer Center service, with over 160,000 Medicare beneficiaries creating accounts since its October 2020 launch. Data indicates that users of the Customer Center are 27% more likely to retain their Medicare Advantage coverage after 90 days compared to non-users. Additionally, eHealth has implemented a cloud-based contact center to enhance customer service and training for agents during the upcoming Medicare Annual Enrollment Period. These initiatives aim to strengthen customer relationships and improve retention.

eHealth, Inc. (Nasdaq: EHTH) announced the appointment of Fran Soistman as CEO, effective November 1, 2021, succeeding Scott Flanders, who will retire but assist in the transition through 2021. Soistman brings nearly 40 years of healthcare experience, previously leading roles at CVS Health and Aetna. He aims to focus on improving sales and operations during the upcoming Medicare Annual Enrollment Period. Dale Wolf was named Chair of the Board. The leadership change is set against a backdrop of evolving online healthcare marketplace demands.

eHealth, Inc. (NASDAQ: EHTH) has appointed Christine Janofsky as its new chief financial officer, effective September 20, 2021. Janofsky brings over 20 years of finance and insurance experience, previously serving at Lincoln Financial Group. With her appointment, women comprise 23% of eHealth's senior vice presidents and 31% of vice presidents. CEO Scott Flanders emphasized the importance of her leadership as the company adapts to increasing online health insurance enrollments. eHealth operates a leading health insurance marketplace, connecting millions with insurance options.

Innovative Partnerships Group (IPG) has launched a new division, IPG Health, aimed at enhancing corporate partnerships in the healthcare and life sciences sectors. This division will be led by Eric Marton, a seasoned expert with over 25 years in healthcare and venture capital. Marton will drive growth and expand IPG's technology portfolio, working with clients including Bayer (BAYRY), eHealth (EHTH), and Herbalife (HLF). IPG Health focuses on creating innovative financing solutions and transforming vendor relationships into sustainable partnerships.

eHealth, Inc. (NASDAQ: EHTH) released its ACA Index Report on Unsubsidized Consumers for the 2021 open enrollment period, highlighting ongoing challenges faced by consumers without federal subsidies. The report reveals that average individual premiums decreased slightly to $450, while family premiums remained stable at $1,157. The average deductible for individual plans rose 4% since 2019. Notably, family potential costs exceeded $25,000, with a significant increase in the popularity of EPO plans. The report emphasizes concerns about the expiration of expanded subsidies under the American Rescue Plan Act.