eHealthInsurance

eHealthInsurance
Public
Traded as NASDAQ: EHTH
S&P 600 Component
Industry Insurance
Founded 1997
Headquarters Mountain View, California
Key people
 Scott Flanders (CEO)
Dave Francis
Robert S. Hurley
Products Health Insurance
Revenue 150.49M
Website http://www.ehealthinsurance.com/ http://www.medicare.com/

eHealth, Inc. advertises itself as America's first and largest private online marketplace for health insurance, with the company inception in 1997.

The company's website, eHealth.com (formerly eHealthInsurance.com), details prices for various health insurance plans and allows consumers to apply for coverage online.[1] The pricing is fixed by law and consumers cannot get lower prices elsewhere.

eHealth maintains its license to market and sell health insurance in all 50 states and the District of Columbia, with hundreds of licensed agents, licensed in all 50 states and D.C.. eHealth also offers a wide variety of health plans from over 180 health insurance companies and offers more than 10,000 health insurance products.

eHealth, Inc. was founded in 1997, and its technology was responsible for the nation's first Internet-based sale of a health insurance policy. eHealth, Inc. is headquartered in Mountain View, California.

In 2013 eHealth, along with other "web brokers", signed deals with Healthcare.gov to enroll subsidy-eligible consumers in the newly approved health plans offered through the Affordable Care Act (Obamacare) [2]

In 2016, eHealth announced that it had insured 5 million people.[3]

Also in 2016, eHealth's Board of Directors appointed Scott Flanders, a director of the Company since 2008, to the role of Chief Executive Officer and appointed Ellen Tauscher, a director of the Company since 2012, to the role of Independent Non-Executive Board Chair. Former CEO, Gary Lauer transitioned out as Chief Executive Officer and Executive Chairman of the Board, but continued on in an advisory role through the end of 2016.

Health insurance exchanges

eHealth is one of a handful of private companies that operate in partnership with the various government-run health insurance exchanges created as part of the Patient Protection and Affordable Care Act legislation.

eHealth has been politically active on issues related to health insurance. Testimony, editorials and letters to governmental bodies issued by eHealth are available online at its parent company's website.[4] The company has issued a number of research reports on the individual health insurance and Health Savings Account markets, which are available on its website.

In 2015, eHealth's former CEO, Gary Lauer, began pushing for reforms to the law aimed at helping the middle-class afford health insurance.[5]

In 2017, eHealth's new CEO, Scott Flanders, began to argue publicly for changes to the Affordable Care Act in order to lower costs for self-employed, middle-class workers who cannot afford health insurance.[6]

Medicare

Medicare is government-funded health insurance for people aged 65 or older, or persons with disability under the Social Security Act for two years or longer. Persons with medicare will often obtain a prescription drug plan. This is often incorporated into a Medicare Advantage plan that persons are eligible for when new to Medicare, if they move to a new area, or annually during the annual enrollment period between October 15 to December 7 of every year.

eHealth markets, under various electronic platforms, the various medicare plans such as Medicare Advantage, Medicare supplement, and prescription drug plans (PDP).

In 2018, eHealth acquired GoMedigap,[7] which was a consumer acquisition and engagement electronic platform tailored to Medicare supplement insurance.[8] As a result of that transaction, GoMedigap became a wholly owned division of eHealth, Inc.

In 2014, eHealth acquired the domain Medicare.com [9] as part of its move into the Medicare market.

In 2010, eHealth acquired privately held PlanPrescriber, Inc. (formerly known as Experion Systems, Inc.) to aid its entry into the Medicare marketplace. As a result of that transaction, PlanPrescriber became a wholly owned subsidiary of eHealth, Inc.[10]

References

  1. ↑ Applyby, Julie (September 4, 2009). "Health Care: Lowering costs for old could raise them for young". USA Today. Kaiser Health News. Retrieved May 31, 2013.
  2. ↑ Mangin, Dan (July 31, 2013). "Insurance exchange deal signed with Web insurer sites". CNBC. CNBC. Retrieved May 31, 2013.
  3. ↑ http://news.ehealthinsurance.com/news/ehealth-milestone:-over-5-million-americans-have-been-insured-through-the-nations-first-largest-private-online-health-insurance-exchange
  4. ↑ Gary Lauer. "Connecting Americans to Health Insurance Coverage Overnight". Roll Call.
  5. ↑ Gary Lauer. "Presidential candidates should pledge to make Obamacare affordable for the middle-class". The Hill.
  6. ↑ http://video.foxbusiness.com/v/5327120811001/#sp=show-clips
  7. ↑ https://www.gomedigap.com/
  8. ↑ https://seekingalpha.com/pr/17048178-ehealth-inc-announces-acquisition-gomedigap-accelerate-expansion-medicare-supplement-strategy
  9. ↑ "Publicly Held eHealth Purchases Medicare.com For $4.8 Million" (Press release). The Domains. May 2, 2014. Retrieved May 2, 2014.
  10. ↑ "eHealth, Inc. Announces Acquisition of PlanPrescriber, Inc" (Press release). eHealth. May 3, 2010. Retrieved May 31, 2013.
  • Official website
  • eHealth Medicare
  • Medicare.com
  • PlanPrescriber
  • eHealth, Inc. Announces Acquisition of PlanPrescriber, Inc.
  • Alterman, Elizabeth (September 7, 2012). "Retirees' new pastime: Cutting costs in all sorts of ways". USA Today. CNBC.
  • Kiplinger: 30 Ways to Cut Health-Care Costs
  • "8 Senate Democrats Seek Obamacare Enrollment 'Alternative'". Kaiser Health News. 2013-11-26. Retrieved 2017-11-20.
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