Ehealth Inc Stock Price, News & Analysis

eHealth Inc (Nasdaq: EHTH), a leading private online health insurance marketplace, has announced its financial results for the fourth quarter and fiscal year 2024, ending December 31, 2024. The company has scheduled a webcast and conference call for February 26, 2025, at 8:30 a.m. Eastern Time to discuss the results.

eHealth (EHTH) has announced it will release its fourth quarter and fiscal year 2024 financial results on February 26, 2025. The company will host an earnings conference call at 8:30 a.m. Eastern Time on the same day, featuring CEO Fran Soistman and CFO John Dolan.

Interested participants can join the call by dialing (800) 549-8228 with passcode 72156. A live webcast will be available on the company's Investor Relations page, with a replay accessible for one year. Participants are advised to join 15 minutes before the call starts.

eHealth (Nasdaq: EHTH) has launched 'Iris by eHealth', an Individual Coverage Health Reimbursement Account (ICHRA) solution that helps employers manage healthcare costs while providing personalized coverage options for employees. The platform enables employers to save an average of 17% on healthcare costs compared to traditional group plans.

The Iris platform allows employers to set a fixed monthly contribution toward employee health coverage, while employees can select plans from top insurance companies in their area based on their specific needs, including preferred doctors and prescriptions. eHealth's customer care team manages enrollments and provides ongoing support.

Key features of Iris include nationwide availability, no plan markups or hidden fees, and access to licensed agents via phone or chat. The solution is particularly beneficial for organizations with geographically dispersed, seasonal, or mixed part-time and full-time workforces. Employers have praised the platform for its cost savings and increased plan options for employees.

eHealth (NASDAQ: EHTH) has announced the granting of inducement stock unit awards to two new employees, totaling 13,000 shares of common stock. The grants, approved by the Compensation Committee of the Board of Directors on January 2, 2025, were made under the company's Amended and Restated 2021 Inducement Plan.

The awards feature a three-year vesting schedule, with one-third of the shares vesting annually on the first, second, and third anniversary of the vesting commencement date. Continued employment with eHealth is required through each vesting date. These stock unit awards were granted as inducement material for new employees joining the company, in compliance with Nasdaq Listing Rule 5635(c)(4).

eHealth (NASDAQ: EHTH) has updated its fiscal year 2024 guidance following strong performance during the Annual Enrollment Period (AEP). The company reported significant growth in Medicare applications and record-high unassisted online submissions. Total revenue guidance has been raised to $500.0-520.0 million from $470.0-495.0 million previously.

The company improved its GAAP net loss outlook to $(12.0) million to $3.0 million from $(36.5) million to $(22.0) million, and increased its Adjusted EBITDA guidance to $40.0-55.0 million from $7.5-25.0 million. Operating cash flow is expected to be $(15.0) million to $(5.0) million, reflecting investments in Medicare enrollment growth.

eHealth's latest research reveals significant changes in Medicare costs and beneficiary sentiments during the Annual Enrollment Period. The average premium for Medicare Part D drug plans has increased 17% compared to last year. Survey findings show that 64% of Medicare beneficiaries feel more confident about Medicare's future under Trump's administration, with 72% believing he will prioritize their needs. Beneficiaries' top priorities include lowering drug costs, reducing out-of-pocket expenses, and strengthening Medicare Advantage. Notably, 79% of enrollees report changes in their current plan costs or benefits, while 87% feel more confident selecting plans with licensed agent assistance.

eHealth has been awarded the 2024 Silver Healthcare Marketing Impact Award for Integrated Campaign of the Year by Modern Healthcare and Ad Age. The award recognizes their innovative 'eHealth, Your Medicare Matchmaker' campaign, which features real Medicare beneficiaries in unscripted advertisements.

The campaign showcases eHealth's transparent approach as a free service that compares plans from multiple insurers, with unbiased advisors who receive the same compensation regardless of the plan selected. According to Chief Revenue Officer Michelle Barbeau, this strategy has proven successful, resulting in doubled brand awareness, increased website traffic and calls, and reduced acquisition costs.

eHealth (Nasdaq: EHTH) announced that CEO Fran Soistman will participate in a fireside chat presentation at the UBS Global Healthcare Conference on November 12th, 2024, at 4:15 p.m. Pacific Time. Investors can access the live audio webcast through eHealth's Investor Relations website.

eHealth (Nasdaq: EHTH) announced its financial results for the third quarter ended September 30, 2024. The company, a leading private online health insurance marketplace, scheduled a webcast and conference call for November 6, 2024, at 8:30 a.m. Eastern Time to discuss the results. The earnings release and presentation are available on the eHealth Investor Relations website.