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Ehealth Inc   (EHTH)
Other Ticker:  
 
    Sector  Financial    Industry Insurance Brokerage
   Industry Insurance Brokerage
   Sector  Financial
 
Price: $5.9200 $-0.18 -2.951%
Day's High: $6.18 Week Perf: -5.13 %
Day's Low: $ 5.86 30 Day Perf: -13.2 %
Volume (M): 303 52 Wk High: $ 10.31
Volume (M$): $ 1,793 52 Wk Avg: $7.77
Open: $6.04 52 Wk Low: $4.81



 Market Capitalization (Millions $) 166
 Shares Outstanding (Millions) 28
 Employees 869
 Revenues (TTM) (Millions $) 402
 Net Income (TTM) (Millions $) -80
 Cash Flow (TTM) (Millions $) -8
 Capital Exp. (TTM) (Millions $) 12

Ehealth Inc

eHealth, Inc. is the parent company of eHealthInsurance, the nation’s first and largest private health insurance exchange where individuals, families and small businesses can compare health insurance products from leading insurers side-by-side and purchase and enroll in coverage online through our websites (www.eHealth.com, www.eHealthInsurance.com, www.eHealthMedicare.com, www.Medicare.com, and www.PlanPrescriber.com) or telephonically through our customer care centers. We make available powerful online and pharmacy-based tools to help seniors navigate Medicare health insurance options, choose the right plan and enroll in plans online or telephonically. In addition, we offer thousands of individual and family, small business and ancillary health insurance plans from the nations leading health insurance carriers, which can be purchased online. Our ecommerce platform can be accessed directly through our websites as well as through our network of marketing partners. We are licensed to sell health insurance in all 50 states and the District of Columbia. Our ecommerce technology also enables us to deliver consumers’ health insurance applications electronically to health insurance carriers. As a result, we simplify and streamline the complex and traditionally paper-intensive health insurance sales and purchasing process.

We actively market the availability of Medicare-related health insurance plans through our Medicare ecommerce platforms (www.eHealthMedicare.com, www.Medicare.com and www.PlanPrescriber.com). Our Medicare ecommerce platforms and telephonic enrollment capabilities enable consumers to research, compare and purchase Medicare-related health insurance plans, including Medicare Advantage, Medicare Supplement and Medicare Part D prescription drug plans. To the extent that we assist in the sale of Medicare-related insurance plans as a health insurance agent, either online or telephonically, we generate revenue from commissions we receive from health insurance carriers. In the first plan year of a Medicare Advantage and Medicare Part D prescription drug plan, after the health insurance carrier approves the application but during the effective year of the plan, we are paid a fixed commission that is prorated for the number of months remaining in the calendar year. Additionally, if the plan is the first Medicare Advantage or Medicare Part D prescription drug plan issued to the member, we may receive a higher commission rate that covers a full twelve-month period, regardless of the month the plan was effective. Beginning with and subsequent to the second plan year, we typically receive fixed, monthly commissions for Medicare Advantage plans and fixed, annual commissions for Medicare Part D prescription drug plans.

We actively market the availability of individual and family, small business and ancillary health insurance plans through our ecommerce platforms (www.eHealth.com and www.eHealthInsurance.com), and generate revenue from commissions we receive from health insurance carriers whose health insurance plans are purchased through us, as well as commission override payments we receive for achieving sales volume thresholds or other objectives. Historically, the commission payments we receive for IFP, small business and ancillary health insurance plans we sold were a percentage of the premium our customers pay for those plans.

The purchase and sale of health insurance has historically been a complex, time-consuming and paper-intensive process. This complexity can make it difficult to make informed health insurance decisions. In addition, the human error that arises from traditional paper-intensive distribution has historically resulted in a high number of incomplete and inaccurate applications being submitted to health insurance carriers. Incomplete and inaccurate paper applications often result in back-and-forth communications, delay and additional cost. The Internet’s convenient, information-rich and interactive nature offers the opportunity to provide consumers with more organized information, a broader choice of plans and a more efficient process than have typically been available from traditional health insurance distribution channels.

Medicare is a federal program that provides persons sixty-five years of age and over, and some persons under the age of sixty-five who meet certain conditions, with hospital and medical insurance benefits. CMS, which administers this original Medicare program, also contracts with private health insurance carriers under the Medicare Advantage and Medicare Part D prescription drug programs for these health insurance carriers to provide health insurance and prescription drug benefits to Medicare-eligible individuals. Medicare Advantage plans replace original Medicare. Medicare Part D prescription drug plans provide prescription drug coverage that original Medicare does not provide. In addition, health insurance carriers offer Medicare Supplement health insurance plans, which help to pay health care costs not covered through original Medicare. Medicare-related insurance plans, including Medicare Advantage, Medicare Supplement and Medicare Part D prescription drug plans, are typically marketed and sold by insurance carriers, also known as plan sponsors, through a combination of dedicated internal sales representatives and licensed independent brokers and agents. CMS also offers plan information, comparison tools, call centers and online enrollment for Medicare Advantage and Medicare Part D prescription drug plans.

Individual, family and small business health insurance has historically been sold by independent insurance agents and, to a lesser degree, directly by insurance companies. Most of these agents are self-employed or part of small agencies, and they typically service only their local communities. In addition, many of these agents sell health insurance from a limited number of insurance carriers (in some cases only one), resulting in a reduced selection of plans for the consumer. The implementation of health care reform and the federal Patient Protection and Affordable Care Act and related amendments in the Health Care and Education Reconciliation Act has given rise to greater availability of health insurance over the Internet from various sources, including government-run health insurance exchanges and companies that offer health insurance in a manner similar to us.

Our objective is to continue to strengthen our position as the leading private online distribution platform for health insurance sold to individuals, families and small businesses and to enter new business areas where this platform may be leveraged.

Key elements of our strategy are to:

Offer the Best Consumer Experience. We believe that providing the best consumer experience increases market adoption of our services, builds our brand awareness, drives word-of-mouth referrals and improves our visitor-to-member conversion rates. We intend to continue to further develop an online experience that empowers consumers with the knowledge, choice and services they need to select and purchase health insurance plans that best meet their needs.

Grow Our Medicare Opportunity and Make it a Year-Round Business. Our technology can be used to streamline and simplify the Medicare plan purchasing process. Our Medicare membership has expanded significantly since we entered the Medicare-related health insurance market, and we plan to continue investing for growth in this important area. We seek to enhance the technology behind our online and telephonic Medicare platforms and further develop demand generation programs in the Medicare market, which includes broadening our network of marketing partners and enhancing our Internet search engine algorithmic rankings for high-volume Medicare-related search terms.

The majority of our Medicare-related health insurance enrollments historically took place during the Medicare annual enrollment period in the fourth quarter of each year. In 2015 we successfully increased our Medicare Advantage enrollments outside of the annual enrollment period to over half of our total annual Medicare Advantage enrollments and plan to further grow the contribution from non-annual enrollment period sales. If we are successful in doing so, we expect to increase Medicare-plan related sales and mitigate some of the traditional seasonality in the Medicare business.

Increase Our Brand Awareness. We believe that building greater awareness of our brand is critical for our continued growth. A significant percentage of our website traffic is direct, and we intend to attempt to grow our direct website traffic by strengthening our brand awareness through a variety of marketing and public relations efforts.

Extend Our Technology Leadership. We believe that our technology infrastructure and online platforms give us a significant competitive advantage for the distribution of Medicare-related, individual and family and small business health insurance. To extend our leadership position, we plan to continue to enhance our platforms and their capabilities to increase functionality, reliability, scalability and performance.

Enhance Our Carrier Network and Product Portfolio. Our goal is to provide consumers with a selection of products to meet their health insurance needs and enhance and optimize the health insurance carriers and health insurance plans that we offer to consumers on our ecommerce platform, including our offerings of major medical health insurance and a broad variety of ancillary products. We seek to deepen our technology integration with health insurance carriers, allowing us to further streamline the sales and member fulfillment processes and increase revenue opportunities for us and health insurance carriers. We also seek to enter into relationships with carriers and government health insurance exchanges mandated as part of health care reform to be able to offer subsidy-eligible health insurance.



   Company Address: 2625 AUGUSTINE DRIVE, SUITE 150 SANTA CLARA 95054 CA
   Company Phone Number: 210-3150   Stock Exchange / Ticker: NASDAQ EHTH
   


Customers Net Income fell by EHTH's Customers Net Profit Margin fell to

-25.22 %

5.9 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

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Ehealth Inc

Ehealth Inc outperforms revenue expectations but falls short of profitability targets in Q3 2023

Interpreting Ehealth Inc's Recent Financial Results
As an experienced financial analyst, it is my duty to interpret and analyze the recent financial results of various companies. Today, I want to focus on Ehealth Inc's financial report for the third quarter of 2023. This report showcases a surge in revenue by an impressive 21.249% to $64.72 million compared to the same period last year. However, despite this revenue growth, the company incurred a loss of $-1.68 per share.
When compared to its peers in the Insurance Brokerage sector, Ehealth Inc's revenue surge in the third quarter of 2023 is quite favorable. In fact, the entire Insurance Brokerage sector experienced an 8.94% top-line advance during the same period. Looking at the sequential data, we see a surge in the company's shortfall from $-1.18 per share, and the revenue decreased slightly by -3.07% from $66.77 million.

Ehealth Inc

Ehealth Inc's Remarkable Turnaround: Reports an Impressive $27.692 Million Net Loss Improvement and 32% Revenue Increase

Ehealth Inc is a company that operates in the insurance brokerage industry. In the most recent fiscal period, the company reported a net loss of $-27.692 million, which is an improvement from the deficit of $-37.502 million in the corresponding period the previous year. This positive trend is reflected in the company's revenue as well. Despite the challenging economic conditions, Ehealth Inc managed to increase its revenue by 32.453% to $66.77 million from the previous year.
Compared to its industry contemporaries, Ehealth Inc has clearly outperformed, with the Insurance Brokerage industry only reporting an 8.03% improvement in revenue during the same period. This signifies that Ehealth Inc has a competitive advantage and is able to generate more revenue compared to its peers in the industry.

Ehealth Inc

Insurance Brokerage Company Faces Substantial Revenue Decline in Fiscal First Quarter of 20232.

Despite the recent news of eHealth Inc's loss per share increasing and decline in revenue, there is still hope for investors in the stock market. The company's net loss of $-22.947 million in the fiscal first quarter of 2023 is actually an improvement from their deficit of $-32.742 million in the same quarter a year ago.
Furthermore, it's important to note that eHealth Inc is expected to report their next financial recent numbers on August 07, 2023. This gives investors a chance to monitor any changes and make informed decisions about their investment strategy.






 

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