GoHealth, Inc. - Class A Common Stock (GOCO)
Frequently Asked Questions About GoHealth, Inc. - Class A Common Stock (GOCO)
How can someone contact GoHealth for support?
Individuals can contact GoHealth for support through several channels, including their website, where consumers can access live chat features, call their customer service representatives, or schedule consultations with licensed insurance agents. This multi-channel approach ensures that customers receive timely assistance with their inquiries.
How does GoHealth comply with regulations in the health insurance industry?
GoHealth complies with regulations in the health insurance industry by adhering to various federal and state laws, including the Affordable Care Act (ACA) and regulations set by the Centers for Medicare & Medicaid Services (CMS). The company also ensures that its practices and technology are aligned with industry standards around data privacy and consumer protection.
How does GoHealth generate revenue?
GoHealth generates revenue primarily through commissions earned from health insurance carriers when consumers enroll in plans through their marketplace. Additionally, the company may receive fees for leads generated on its platform, creating a diverse revenue stream that supports its continued growth.
How does GoHealth use technology in its services?
GoHealth uses advanced technology to streamline the health insurance shopping process, employing algorithms and data analytics to match consumers with suitable plans. The company's platform incorporates user-friendly interfaces, mobile accessibility, and interactive tools that enhance the shopping experience and simplify the complexities of health insurance.
How has GoHealth adapted to changes in the healthcare market?
GoHealth has adapted to changes in the healthcare market by continuously evolving its technology platform and service offerings to meet the needs of consumers and changing regulations. The company invests in data analytics and consumer insights to enhance its services and remains proactive in addressing shifts in healthcare policies and consumer behavior.
Is GoHealth involved in any philanthropic activities?
Yes, GoHealth is involved in various philanthropic activities aimed at improving healthcare access and wellbeing. The company supports initiatives that promote health education, community wellness programs, and access to healthcare for underserved populations, reflecting its commitment to social responsibility.
Is GoHealth publicly traded?
Yes, GoHealth is publicly traded on the Nasdaq stock exchange under the ticker symbol GOCO. The company went public in October 2020, providing it with additional resources to further expand its operations and enhance its service offerings.
What awards or recognitions has GoHealth received?
GoHealth has received several awards and recognitions for its innovative approach to health insurance and commitment to customer service. These accolades often highlight the company's role as a leader in the healthtech space and its dedication to providing valuable services and resources to consumers seeking health insurance.
What does GoHealth, Inc. do?
GoHealth, Inc. is a technology and health insurance marketplace that connects consumers with health insurance plans and services. The company offers a platform that simplifies the process of purchasing health insurance and provides consumers with resources and support to compare different plans, ultimately helping them make informed decisions regarding their healthcare coverage.
What is GoHealth's approach to customer service?
GoHealth places a strong emphasis on customer service, employing licensed insurance agents who guide consumers through the process of selecting and enrolling in health insurance plans. The company's commitment to personalized support helps ensure that customers receive the assistance they need to navigate their options effectively.
What is GoHealth's mission?
GoHealth's mission is to empower consumers to make informed healthcare decisions by providing them with a seamless and personalized health insurance shopping experience. The company aims to leverage technology and data to simplify the complex landscape of health insurance, ensuring that individuals can find the coverage that best meets their needs.
What is GoHealth's vision for the future?
GoHealth's vision for the future is to continue transforming the health insurance landscape by leveraging technology to deliver seamless, personalized experiences for consumers. The company aims to be at the forefront of health insurance innovation, striving to simplify access to quality healthcare while adapting to market changes and consumer needs.
What is the company culture like at GoHealth?
The company culture at GoHealth emphasizes innovation, collaboration, and a customer-first mindset. Employees are encouraged to take initiative and contribute ideas, fostering an environment where creativity and teamwork thrive, which is essential in adapting to the fast-paced world of health insurance technology.
What strategies does GoHealth employ for growth?
GoHealth employs various strategies for growth, including expanding its partnerships with insurance carriers, enhancing its technology platform, and investing in marketing initiatives to reach more consumers. The company also focuses on customer retention through exceptional service and the development of innovative features that cater to evolving consumer preferences.
What trends is GoHealth observing in the health insurance market?
GoHealth observes several trends in the health insurance market, including a growing demand for digital solutions, increased interest in telehealth services, and the importance of flexible plan options amidst changing consumer needs. Additionally, there is a shift towards personalized healthcare, which is influencing how insurance products are marketed and offered.
What types of insurance plans does GoHealth offer?
GoHealth primarily offers health insurance plans, including Medicare Advantage, Medicare Supplement, individual and family health plans, and short-term health insurance options. Their platform allows consumers to easily compare various plans from multiple providers to find coverage that suits their unique healthcare needs.
When was GoHealth, Inc. founded?
GoHealth, Inc. was founded in 2001. Over the years, the company has grown significantly, expanding its services and partnerships to become a leading player in the health insurance marketplace, particularly for Medicare and individual and family plans.
Where is GoHealth, Inc. headquartered?
GoHealth, Inc. is headquartered in Chicago, Illinois. This central location allows the company to be ideally positioned within a major hub for both technology and healthcare, facilitating collaboration and innovation in health insurance services and solutions.
Who are GoHealth's primary competitors?
GoHealth's primary competitors include companies such as eHealth, Inc., HealthPocket, and AgileHealthInsurance, as well as traditional insurance brokers and agents. These competitors also provide online marketplaces for consumers to compare and purchase health insurance plans, making the industry quite competitive.
What is the current price of GoHealth, Inc. - Class A Common Stock?
The current price of GoHealth, Inc. - Class A Common Stock is 11.93
When was GoHealth, Inc. - Class A Common Stock last traded?
The last trade of GoHealth, Inc. - Class A Common Stock was at 4:00 pm EDT on April 2nd, 2025
What is the market capitalization of GoHealth, Inc. - Class A Common Stock?
The market capitalization of GoHealth, Inc. - Class A Common Stock is 11.93K
How many shares of GoHealth, Inc. - Class A Common Stock are outstanding?
GoHealth, Inc. - Class A Common Stock has 1.00K shares outstanding.