| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
12 |
| Employees |
800 |
| Revenues (TTM) (Millions $) |
359 |
| Net Income (TTM) (Millions $) |
-26 |
| Cash Flow (TTM) (Millions $) |
8 |
| Capital Exp. (TTM) (Millions $) |
12 |
Business Description
The company is a technology-driven distributor of Medicare, health, and life insurance products that meet the demands and needs of its consumers. Its business is composed of two operating segments, the Medicare segment, and the IFP segment. The Medicare segment offers Medicare-related health insurance plans, which include Medicare Advantage, Medicare Supplement, and Medicare Part D prescription drug plans. The company actively markets its products to individuals through televised commercials, e-commerce platforms, and digital marketing campaigns, among others. The IFP segment includes individual and family health insurance plans, short-term medical insurance plans, health benefit insurance plans, and supplemental products. The company partners with e-commerce distributors to provide affordable IFP plans to individuals and families. The health insurance products sold are underwritten by third-party insurance carriers with whom the company has no affiliation apart from its contractual relationships. The company assumes no underwriting, insurance, or reimbursement risk, except for the activities of Benefytt Reinsurance, which is a captive reinsurance company formed by the company in May 2019. The company provides consumers with access to health insurance information search and comparison technology through its website, HealthPocket.com, and a direct-to-consumer insurance website that allows consumers to research health insurance trends, comparison shop, and purchase IFPs under the AgileHealthInsurancee brand.
Company Address: 3450 Buschwood Park Drive Tampa 33618 FL
Company Phone Number: 397-1187 Stock Exchange / Ticker: NASDAQ BFYT
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