GoHealth, Inc. Provides Earnings Guidance for the Fiscal Year Ending December 31, 2021
August 11, 2021 at 09:05 pm
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GoHealth, Inc. provided earnings guidance for the fiscal year ending December 31, 2021. The company expects full-year 2021 net revenue to be in the range of $1,200,000,000 to $1,300,000,000, representing year-over-year growth of 37% to 48%. Net income is expected to be in the range of $127,665,000 to $157,665,000.
GoHealth, Inc. is a medicare-focused digital health company that operates a health insurance marketplace. The Company primarily offers Medicare plans, including, Medicare Advantage, Medicare Supplement and prescription drug plans. Its technology platform leverages modern machine-learning algorithms powered by insurance behavioral data to reimagine the optimal process for helping consumers find the health plan for their specific needs. Its Medicare Advantage offerings include Special Needs Plans (SNPs). SNPs are special kinds of Medicare Advantage plans that have benefits covering special health care or financial needs. Its Marketplace technology features decision support tools and integrates with health plan partner enterprise systems, enabling agents to quickly select the right health insurance plan for each consumer based on their specific needs and enroll them in those plans. It offers Encompass Connect and Encompass Engage services to its health plan partners.