MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Jan. 16, 2018--
eHealth, Inc. (Nasdaq: EHTH), a leading private online health insurance
exchange in the United States, today announced changes to the company’s
David Francis, the company’s Chief Financial Officer and Chief
Operations Officer, will take on the new role of Chief Operating Officer
of eHealth. This new position within eHealth will be responsible for
managing all revenue operations of the company. eHealth intends to
commence a search for a new Chief Financial Officer to allow Mr. Francis
to focus on growth and operating initiatives across the business. Mr.
Francis will continue to serve as Chief Financial Officer until his
replacement is named.
Robert Hurley will move from President of eHealth’s Medicare business to
take the role of President, Carrier and Business Development, which
includes the strategic direction of Corporate Development and expansion
of the company's Value Based Provider networks. Mr. Hurley’s extensive
relationships across the health insurance markets will help provide
substantial opportunity for eHealth to promote its high value consumer
health insurance engagement solutions to a broad audience.
“Our new operating structure will allow the company’s management team to
focus on driving key growth and strategic initiatives, while placing key
executives in roles that will allow them to have maximum impact on the
business,” said Scott Flanders, eHealth’s Chief Executive Officer.
“Following a successful transition year to refocus the company on
delivering strong growth within a more disciplined cost and operating
structure, we look forward to accelerating value creation for the
business and for all of our stakeholders.”
About eHealth, Inc.
eHealth, Inc. (NASDAQ: EHTH) operates 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 PlanPrescriber.com (www.PlanPrescriber.com),
and Medicare.com (www.Medicare.com).
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 expected benefits of
the new leadership roles and operating structure, eHealth’s outlook and
potential business opportunities, and future performance. 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 changes in our
management and key employees and maintenance of relationships with
business development partners. Other factors that could cause operating,
financial and other results to differ are described in eHealth’s most
recent Quarterly Report on Form 10-Q or 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.
eHealth does not undertake any obligation to update any forward-looking
statement to conform the statement to actual results or changes in
View source version on businesswire.com: http://www.businesswire.com/news/home/20180116006400/en/
Source: eHealth, Inc.
Kate Sidorovich, CFA, 650-210-3111
President Investor Relations