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eHealth Announces Strategic Investment from H.I.G. Capital


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SANTA CLARA, Calif., Jan. 29, 2021 /PRNewswire/  eHealth, Inc. (NASDAQ: EHTH) ( eHealth or the Company ) today announced that an affiliate of H.I.G. Capital ( H.I.G. ), a leading global alternative investment firm, has entered into a binding agreement to make a $225 million investment in the Company by purchasing convertible preferred stock.
With a strengthened financial position, eHealth expects to drive organic growth, enhance its ability to capitalize on inorganic growth opportunities, and deliver meaningful returns to shareholders. The additional capital will accelerate the execution of eHealth s strategic initiatives, including driving scale through online enrollment growth, investing in the Company s in-house telesales team, broadening its strategic partner channel, and driving towards increased member engagement and retention. ....

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eHealth, Inc. Announces Preliminary Results for the Fourth Quarter and Fiscal Year 2020


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SANTA CLARA, Calif., Jan. 29, 2021 /PRNewswire/  eHealth, Inc. (NASDAQ: EHTH), a leading private online health insurance marketplace in the United States, today announced preliminary, unaudited financial results and select operating metrics for the fourth quarter and fiscal year ended December 31, 2020.
The preliminary, unaudited financial results and selected operating metrics included in this press release are based on information available as of January 29, 2021 and management s initial review of operations for the fourth quarter and year ended December 31, 2020. They remain subject to change based on management s ongoing review of the Company s fourth-quarter and full year results and are forward-looking statements. eHealth assumes no obligation to update these statements. The actual results may be materially different and are affected by the risk factors and uncertainties identified in this press release and in eHealth s ....

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eHealth Supports President-Elect Biden's Call for Public-Private Sector Cooperation on COVID-19 Crisis and for Increasing ACA Subsidies for Those Just Above the Subsidy Threshold


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SANTA CLARA, Calif., Jan. 19, 2021 /PRNewswire/  eHealth, Inc. (NASDAQ: EHTH) (eHealth.com) today announced support for the Biden-Harris Administration Emergency Relief Package provisions that call for public-private sector partnership in fighting the pandemic and for expanding support for the Affordable Care Act (ACA). The Biden-Harris package would limit the amount that eligible Americans spend on health insurance to no more than 8.5% of annual income.
Today, ACA coverage is out of reach for many Americans with incomes close to the cutoff for ACA subsidies, yet just high enough to make them ineligible for relief. said eHealth CEO Scott Flanders. President-Elect Biden s plan to increase support for such individuals and families will help ensure quality coverage for many Americans who can t afford insurance under current rules. ....

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Salvation Army's Red Kettle fundraisers struggle in pandemic year


Louis B. Ruediger | Tribune-Review
Volunteer firefighter Dale Hutchinson rings a bell for the Salvation Army outside Bortz Hardware in Greensburg on Saturday, Dec 19, 2020. Hutchinson has been a member of Greensburg Fire Company No. 3 for 42 years and is a fifth generation
of family firefighters.
 
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The Salvation Army’s famous red kettles are a lot lighter than usual this year, and there are fewer of them to be found around Westmoreland County.
“As of right now, we’re not even at half our goal, and we have six kettle days left,” said Lt. Donna Hannan, assistant corps officer for the Greensburg Salvation Army. The organization had raised $29,000 of its $80,000 goal as of Friday. ....

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