Ehealth Inc Stock Price, News & Analysis

eHealth, Inc. (NASDAQ: EHTH) announced its participation at the Raymond James 42nd Annual Institutional Investors Conference scheduled for March 1, 2021, at 1:20 p.m. E.T. Investors can access a live audio webcast of the presentation via the company's website, ehealthinsurance.com. A replay will be available for 14 days post-event. Since its inception in 1997, eHealth has connected over 8 million members with diverse health insurance options across the U.S., including Medicare plans.

eHealth, Inc. (NASDAQ: EHTH) reported its financial results for Q4 and FY 2020, highlighting a 3% decrease in Q4 revenue to $293.3 million. Net income fell by 33% to $59.9 million, with a 36% drop in income from operations. Despite these declines, there were gains in other revenue by 99% and significant increases in new Medicare Advantage members. The company anticipates improvements in 2021, buoyed by enhanced operational strategies and increased agent productivity.

eHealth, Inc. (NASDAQ: EHTH) announced it will release its fourth quarter and fiscal year 2020 financial results on February 18, 2021. CEO Scott Flanders and CFO Derek Yung will host a conference call at 5 p.m. Eastern Time to discuss the results. Interested parties can join the call by dialing (877) 930-8066 for domestic and (253) 336-8042 for international callers. A replay of the call will be available for seven days following its conclusion. eHealth operates a leading health insurance marketplace, connecting over 8 million members with various health insurance plans.

eHealth, Inc. (NASDAQ: EHTH) announced a $225 million investment from H.I.G. Capital through the purchase of convertible preferred stock. This investment aims to enhance eHealth's financial position, facilitating organic growth and strategic initiatives such as online enrollment and telesales expansion. H.I.G.'s Managing Director, Aaron Tolson, will join eHealth's Board of Directors. The transaction is expected to close in Q1 2021, pending regulatory approvals. Upon completion, H.I.G. will own approximately 8% of eHealth's common stock on an as-converted basis.

eHealth, Inc. (NASDAQ: EHTH) reported preliminary, unaudited financial results for Q4 and the fiscal year ending December 31, 2020. The company highlighted key metrics that reflect its performance amid a competitive online health insurance market. While specifics on revenue and earnings per share (EPS) will be finalized post-review, the report indicates a positive trajectory for the company. These insights are crucial for understanding eHealth's growth and market position as it navigates the evolving healthcare landscape.

eHealth (NASDAQ: EHTH) announced its support for a proposal to re-open enrollment under the Affordable Care Act (ACA) aimed at assisting Americans affected by COVID-19. CEO Scott Flanders praised the Biden Administration's efforts to ensure access to health coverage and emphasized eHealth's readiness to help consumers navigate their options. The company, a longstanding advocate of the ACA, also encourages expanded subsidies and Medicare eligibility for those over 60. eHealth connects over 8 million members with affordable health insurance through its marketplace.

eHealth, Inc. (NASDAQ: EHTH) announced its support for the Biden-Harris Administration's Emergency Relief Package, which aims to enhance public-private partnerships in combating the pandemic and improve the Affordable Care Act (ACA). The package seeks to cap health insurance costs for eligible Americans at no more than 8.5% of their annual income. CEO Scott Flanders highlighted the importance of increasing ACA subsidies for those just above the cutoff for relief. Furthermore, eHealth noted a significant rise in consumers utilizing Enhanced Direct Enrollment, which doubled year-over-year to 1,130,000.

eHealth, Inc. (NASDAQ: EHTH) has released a snapshot report detailing consumer costs and trends during the ACA open enrollment period for 2021. The report highlights a 6% rise in average monthly premiums for individual plans (from $456 to $484) and an 8% increase for family premiums (from $1,134 to $1,230). Notably, 39% of unsubsidized customers selected Silver plans, surpassing Bronze plans for the first time. Additionally, 37% chose EPO plans, indicating rising preferences amid the pandemic, with 48% of younger respondents re-evaluating coverage options due to COVID-19.