Press release
eHealth Held a Successful Investor & Analyst Day Event in New York City
The company provided 3-year financial targets SANTA CLARA, Calif., May 22, 2023 /PRNewswire/ -- eHealth, Inc. (Nasdaq: EHTH) (eHealth.com), a leading private
About this update from Ehealth, Inc.
[{"type":"text","content":"The company provided 3-year financial targets\nSANTA CLARA, Calif., May 22, 2023 /PRNewswire/ -- eHealth, Inc. (Nasdaq: EHTH) (eHealth.com), a leading private online health insurance marketplace, hosted an Investor & Analyst Day event on Thursday, May 18th, in New York City. Company executives presented on eHealth's strategic direction, operational progress, and financial outlook. The company also hosted a senior executive from CVS Health/Aetna as a guest speaker who discussed the partnership between the two companies, which have a shared goal of delivering the best possible customer experience.\nThe presentation slides and webcast replay are available on eHealth's Investor Relations site.\n\"Thursday's Investor & Analyst Day marks an important milestone in eHealth's transformational journey,\" said eHealth CEO Fran Soistman. \"I believe eHealth offers a strong value proposition to our customers and carrier partners and is well positioned to deliver on our mission of expertly guiding consumers through their health insurance and related options when, where, and how they prefer. The leadership team assembled and featured at Investor & Analyst Day is uniquely qualified and motivated to lead our company, and fully committed to our mission and vision. At eHealth we feel good about the important role we fulfill with our carrier partners and other current and prospective partners, and believe we can continue to transform our industry while creating shareholder value. I'm grateful to all those who were able to join us in person or by webcast.\" \nDuring his presentation, Mr. Soistman outlined a five-point investment thesis for the company:\nEnrollment growth in direct-to-consumer products, including Medicare Advantage and Individual & Family Plans, is outpacing growth in group products, driven by the increased consumerism of health care and favorable demographic trends.Insurance carriers rely on a diversified distribution model to deliver on their enrollment and acquisition cost targets. Tele/e-broker enrollment contributions to annual enrollment have grown significantly in recent years.eHealth offers carriers reliable, high-quality volume. eHealth appeals to segments of the population that are more tech-savvy and favor a comparison shopping model over direct enrollment through a single carrier. We believe carriers value partnerships wi...