CLEAR Announces Contract with CMS to Power Secure, Seamless Digital Identity for Medicare.gov

Rhea-AI Summary

CLEAR (NYSE: YOU) announced a contract with the Centers for Medicare & Medicaid Services to integrate CLEAR1 into Medicare.gov for account creation, account recovery, and access to healthcare information beginning in early 2026. The integration aims to replace legacy identity checks with multi-layered verification to reduce identity-related fraud, improve access, and support CMS’ Health Tech Ecosystem goals.

CLEAR1 is described as HIPAA-compliant and Kantara Full Service certified for NIST IAL2/AAL2. The release notes existing healthcare partners including Epic, Sharecare, Welldoc, and multiple health systems, and says the solution may allow beneficiaries to verify identity with a quick selfie once implemented.

Positive

• Contract with CMS to integrate CLEAR1 into Medicare.gov in early 2026
• HIPAA-compliant and Kantara Full Service certified for NIST IAL2/AAL2
• Existing healthcare partnerships with Epic, Sharecare, Welldoc and several health systems

Negative

• Implementation pending; CLEAR1 is not yet live on Medicare.gov
• No financial terms disclosed for the CMS contract in the announcement

News Market Reaction

+8.23%

7 alerts

+8.23% News Effect

+7.0% Peak in 13 min

+$330M Valuation Impact

$4.34B Market Cap

0.0x Rel. Volume

On the day this news was published, YOU gained 8.23%, reflecting a notable positive market reaction. Argus tracked a peak move of +7.0% during that session. Our momentum scanner triggered 7 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $330M to the company's valuation, bringing the market cap to $4.34B at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Medicare.gov integration timing: Early 2026 Partnership track record: More than 15 years

2 metrics

Medicare.gov integration timing Early 2026 Planned integration of CLEAR1 into Medicare.gov

Partnership track record More than 15 years CLEAR building public‑private partnerships

Market Reality Check

Price: $35.35 Vol: Volume 1,271,764 is sligh...

normal vol

$35.35 Last Close

Volume Volume 1,271,764 is slightly below 20-day average 1,327,443 (relative 0.96x). normal

Technical Prior close $32.57, trading above 200-day MA at $29.73.

Peers on Argus

Sector peers show mixed, mostly modest moves (e.g., BILL +1.23%, WK -0.77%, KC -...

1 Up

Sector peers show mixed, mostly modest moves (e.g., BILL +1.23%, WK -0.77%, KC -0.17%). One momentum peer, CWAN, gained 4.27% without news. This pattern suggests today’s reaction to the CMS Medicare.gov contract appears more stock‑specific than sector‑driven.

Historical Context

5 past events · Latest: Nov 06 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Nov 06	Q3 2025 earnings	Positive	+0.7%	Reported Q3 revenue, bookings growth, strong margins, and raised FCF guidance.
Oct 23	Earnings date notice	Neutral	-0.3%	Announced timing and access details for upcoming Q3 2025 earnings release.
Oct 20	Healthcare partnership	Positive	+1.4%	Expanded CLEAR1 digital check-in with Wellstar after case study showed efficiencies.
Oct 02	CLEAR+ expansion	Positive	-0.6%	Expanded CLEAR+ eligibility to travelers from 40 countries and airport network scale.
Sep 24	Airport lane launch	Positive	-0.9%	Opened new lanes at John Wayne Airport, its 60th CLEAR+ airport, with local impact.

Pattern Detected

Across the last five news items, three events with positive or neutral tone saw aligned price reactions, while two positive operational expansions coincided with mild pullbacks, showing occasional divergence on seemingly favorable news.

Recent Company History

Over the past few months, Clear Secure reported stronger Q3 2025 results on Nov 6 with revenue of $229.2M and solid margins, which the stock modestly welcomed. Earlier, CLEAR1’s healthcare deployment with Wellstar and international CLEAR+ expansion across 40 additional countries highlighted growth beyond airports. New lanes at John Wayne Airport marked the 60th CLEAR+ airport. Today’s CMS Medicare.gov contract extends this theme of leveraging CLEAR1 across large-scale, regulated ecosystems.

Market Pulse Summary

The stock moved +8.2% in the session following this news. A strong positive reaction aligns with CLE...

Analysis

The stock moved +8.2% in the session following this news. A strong positive reaction aligns with CLEAR’s pattern of benefiting when it secures high-visibility partnerships. The CMS Medicare.gov contract extends prior CLEAR1 healthcare deployments and follows Q3 2025 results with solid revenue growth and margins. Investors would need to weigh this momentum against past instances where positive operational news later saw mixed follow‑through, as seen around airport and international expansion headlines.

Key Terms

cms, hipaa, nist ial2/aal2, kantara initiative, +4 more

8 terms

cms regulatory

"contract with the Centers for Medicare & Medicaid Services (CMS), the single largest"

The Centers for Medicare & Medicaid Services (CMS) is the U.S. federal agency that sets rules, payment rates and coverage decisions for major public health insurance programs; think of it as both a giant insurer and the rulebook maker for how many healthcare providers and drug makers get paid by government programs. Its policy changes and reimbursement decisions can materially affect revenue, profit forecasts and valuations for hospitals, insurers, device makers and drug companies, so investors watch CMS announcements closely.

hipaa regulatory

"CLEAR1 is HIPAA-compliant and Full Service certified by Kantara Initiative"

A U.S. law that sets rules for keeping individuals’ health information private and secure, and for how that information can be shared. Think of it as a mandatory lock-and-key system for medical records that hospitals, insurers, and tech vendors must use. Investors care because failing to follow these rules can lead to big fines, costly remediation, loss of business access to patient data, and reputational damage that can hurt a company’s finances and growth prospects.

nist ial2/aal2 technical

"Full Service certified by Kantara Initiative for NIST IAL2/AAL2, reinforcing its role"

NIST IAL2/AAL2 are government-defined levels for how strongly a person’s identity is checked (IAL2) and how strongly they must prove they are who they say they are when logging in (AAL2). Think of IAL2 as a teller verifying your ID documents and AAL2 as requiring a password plus a one-time code or biometric; together they reduce fraud, support regulatory compliance, and lower operational and reputational risk for companies that handle sensitive customer or investor information.

kantara initiative technical

"HIPAA-compliant and Full Service certified by Kantara Initiative for NIST IAL2/AAL2"

An industry organization that develops standards and best practices for digital identity, authentication and privacy, helping companies prove who they are and how they handle personal data. For investors, alignment with these standards is like a company using a trusted bank — it reduces the chance of costly security breaches, regulatory fines, or customer distrust, and can speed adoption of new services by making them work smoothly with other platforms.

synthetic identities technical

"attackers increasingly rely on publicly available personal data, AI-driven synthetic identities,"

Synthetic identities are fake customer profiles created by combining real and fabricated personal details—like pieces of different IDs, Social Security numbers, or addresses—to open accounts, obtain credit, or hide transactions. For investors, they matter because this kind of fraud can inflate loan books, hide losses, trigger regulatory fines, and damage a lender’s trust and profitability; think of it as termites quietly weakening a building’s foundation until the damage becomes obvious.

deepfake impersonation technical

"AI-driven synthetic identities, and deepfake impersonation to target beneficiaries"

Deepfake impersonation is the use of artificial intelligence to create realistic audio, video, or image recreations that mimic a specific person's appearance, voice, or mannerisms. It matters to investors because convincing fakes can spread false statements or misleading endorsements that move share prices, harm corporate reputation, prompt regulatory scrutiny, or spark legal claims—similar to receiving a believable fake phone call or video that appears to make market-moving announcements in someone’s name.

interoperable medical

"aims to create a more connected, patient-centered, and interoperable healthcare system"

Interoperable describes products, systems, or software that can share and use data with each other seamlessly, like different phone brands that can call, text and send photos without extra adapters. For investors, interoperability matters because it lowers integration costs, speeds adoption, enables partnerships and ecosystems, and reduces the risk that a company’s offering becomes isolated—factors that can affect revenue growth, margins, and competitive value.

digital identity technical

"support implementation of secure, reusable digital identity, CLEAR1 will help reduce"

A digital identity is an online representation of a person or organization—like a passport or driver's license for the internet—that combines credentials, data and verification methods to prove who they are when accessing services or making transactions. Investors care because strong digital identity systems reduce fraud, speed customer onboarding, and help meet regulatory requirements, all of which affect a company’s costs, growth potential and legal risk.

AI-generated analysis. Not financial advice.

Contract enables integration of CLEAR1 to modernize account creation and recovery for Medicare beneficiaries and providers, strengthen fraud prevention, and advance the connected digital health ecosystem

NEW YORK, Dec. 09, 2025 (GLOBE NEWSWIRE) -- CLEAR (NYSE: YOU), the secure identity company, today announced it has entered into a contract with the Centers for Medicare & Medicaid Services (CMS), the single largest payer for health care services in the United States, to support modernization of identity verification for Medicare beneficiaries and providers on Medicare.gov. In early 2026, Medicare.gov will integrate CLEAR1 — CLEAR’s secure identity platform — for account creation, account recovery, and access to healthcare information.

CLEAR1 addresses the growing challenges of identity risk in healthcare. Today, attackers increasingly rely on publicly available personal data, AI-driven synthetic identities, and deepfake impersonation to target beneficiaries and providers. These threats have been widely observed across the healthcare sector, including attempts to create fraudulent accounts using publicly available personal information. By replacing legacy checks with multi-layered verification, CLEAR1 reduces identity-related fraud, minimizes misuse of sensitive data, and restores trust in digital access to care.

The work supports priorities outlined in CMS’ nationwide Health Tech Ecosystem initiative announced at the White House earlier this year, which aims to create a more connected, patient-centered, and interoperable healthcare system. By supporting CMS in the implementation of secure, reusable digital identity, CLEAR1 will help reduce friction, improve access, and contribute to the agency’s long-term goal of “killing the clipboard” for millions of Americans.

“CLEAR’s mission is to make experiences safer and easier by securely connecting people to their true identity,” said Caryn Seidman Becker, CEO of CLEAR. “We have spent more than 15 years building public-private partnerships grounded in the belief that identity is foundational to trust. Bringing CLEAR1 to Medicare.gov builds on that work and reflects our long-standing commitment to improving access to care. We are proud to support efforts that help protect beneficiaries, reduce fraud, and strengthen secure digital identity across U.S. healthcare.”

“We’re pleased to support CMS in advancing more secure and seamless access to healthcare information for Medicare beneficiaries,” said David Bardan, GM, Head of Healthcare at CLEAR. “Identity challenges impact Americans of every background, and outdated processes create real barriers to care. CLEAR1’s reusable, high-assurance identity can help reduce those barriers and strengthen the delivery of care for millions across the country.”

CLEAR1 is HIPAA-compliant and Full Service certified by Kantara Initiative for NIST IAL2/AAL2, reinforcing its role as a trusted identity layer across the healthcare industry. High-assurance digital identity solutions like CLEAR1 can help improve operational efficiency—such as reducing identity-related support volume—and reduce fraud across large, complex systems.

Pending implementation, beneficiaries may be able to verify their identity with a quick selfie. Epic, Sharecare, and Welldoc have already partnered with CLEAR1, along with many other health systems such as Wellstar Health, University of Miami Health, Hackensack Meridian Health, Community Health Network, and Ochsner Health. With an expanding footprint across the healthcare industry, CLEAR is helping deliver a more secure and connected, patient-centered healthcare system.

About CLEAR

CLEAR's mission is to strengthen security and create frictionless experiences. With over 36 million Members and a growing network of partners across the world, CLEAR's secure identity platform is transforming the way people live, work, and travel. Whether you are traveling, at the stadium, or on your phone, CLEAR connects you to the things that make you, you—making everyday experiences easier, more secure, and friction-free. CLEAR is committed to privacy done right. Members are always in control of their own information, and we do not sell biometric or sensitive personal data. For more information, visit clearme.com.

Forward-Looking Statements
This release may contain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. This includes, without limitation, statements regarding planned integrations, expected functionality, and the anticipated benefits of CLEAR’s partnership with CMS. Investors are cautioned that such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties. Actual results may differ materially as a result of various factors, including implementation risks and those described in the Company's filings with the Securities and Exchange Commission, including the sections titled “Risk Factors” in our Annual Report on Form 10-K. The Company disclaims any obligation to update any forward-looking statements contained herein.

Media Contact
CLEAR
media@clearme.com

This press release was published by a CLEAR® Verified individual.

FAQ

What did CLEAR (YOU) announce about Medicare.gov on December 9, 2025?

CLEAR announced a contract with CMS to integrate CLEAR1 into Medicare.gov for account creation and recovery beginning early 2026.

When will CLEAR1 be integrated into Medicare.gov for Medicare beneficiaries (YOU)?

The announcement states integration is planned for early 2026.

Is CLEAR1 HIPAA-compliant and certified for NIST levels for the YOU CMS contract?

Yes. CLEAR1 is described as HIPAA-compliant and Kantara Full Service certified for NIST IAL2/AAL2.

Will Medicare beneficiaries be able to use a selfie to verify identity with CLEAR1 (YOU)?

The release says pending implementation, beneficiaries may be able to verify identity with a quick selfie.

Which healthcare partners already use CLEAR1 mentioned in the YOU announcement?

Partners listed include Epic, Sharecare, Welldoc, Wellstar Health, University of Miami Health, Hackensack Meridian Health, Community Health Network, and Ochsner Health.

Does the CLEAR (YOU) release disclose the contract value with CMS?

No. The announcement does not disclose any financial terms or contract value.