Company Plans to Host an Investor Day on May 10, 2017
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Mar. 24, 2017--
eHealth, Inc. (NASDAQ: EHTH), a leading private online health
insurance exchange, announced today the completion of its previously
announced review of strategic alternatives. eHealth received indications
of interest to both acquire and invest in the Company during the
process. After careful consideration, the board of directors has
determined that the interests of the Company’s stockholders are best
served by focusing on execution of the Company’s strategic business
plan. The Company does from time-to-time receive indications of interest
and have discussions regarding possible strategic alternatives and
intends to consider proposals it receives in the future that it believes
could result in the creation of stockholder value.
The Company intends to host an Investor Day on May 10, 2017 in New York
City. A live webcast of the event will be accessible to the general
public at approximately 9 a.m. ET on May 10 from the Investor Relations
section of the Company's website http://ir.ehealthinsurance.com/.
A replay of the webcast will be available later that day following the
completion of the presentation, also accessible from the Investor
Relations section of the Company's website. In-person attendance at the
Investor Day requires advanced registration. Please email Kate
Sidorovich, the Company’s Vice President, Investor Relations, at kate.sidorovich@ehealth.com
for further information.
Forward-Looking Statements
This press release contains statements that are forward-looking
statements as defined within the Private Securities Litigation Reform
Act of 1995. These include statements regarding the Company’s receipt
and consideration of proposals regarding strategic alternatives and the
date and time for our upcoming investor day. These forward-looking
statements are inherently subject to various risks and uncertainties
that could cause actual results to differ materially from the statements
made, including risks associated with the execution of our strategic
plan and other factors that could cause operating, financial and other
results to differ, which are described in eHealth’s most recent Annual
Report on Form 10-K filed with the Securities and Exchange Commission
and available on the investor relations page of eHealth’s website at http://www.ehealthinsurance.com and
on the Securities and Exchange Commission’s website at www.sec.gov.
The Company undertakes no obligation to update any forward looking
statement to conform to actual results or changes in intentions or
expectations.
About eHealth, Inc.
eHealth, Inc. (NASDAQ: EHTH) owns eHealth.com, a
leading private online 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. eHealth offers thousands of individual, family and small
business health plans underwritten by many of the nation's leading
health insurance companies. eHealth (through its subsidiaries) is
licensed to sell health insurance in all 50 states and the District of
Columbia. eHealth also offers educational resources and powerful online
and pharmacy-based tools to help Medicare beneficiaries
navigate Medicare health insurance options, choose the right plan and
enroll in select plans online through Medicare.com (www.Medicare.com),
eHealthMedicare.com (www.eHealthMedicare.com)
and PlanPrescriber.com (www.PlanPrescriber.com).
View source version on businesswire.com: http://www.businesswire.com/news/home/20170324005567/en/
Source: eHealth, Inc.
eHealth, Inc.
Kate Sidorovich, CFA, 650-210-3111
Vice
President, Investor Relations
Kate.sidorovich@ehealth.com
