eHealth, Inc. (NASDAQ:EHTH) Files An 8-K Regulation FD Disclosure

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eHealth, Inc. (NASDAQ:EHTH) Files An 8-K Regulation FD Disclosure

eHealth, Inc. (NASDAQ:EHTH) Files An 8-K Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure.

On June 7, 2019, our chief executive officer had the following correspondence with an analyst from Jefferies:
“I appreciated your update note. You are preparing investors for the possibility of stronger performance without hanging mgmnt too far out on the limb. It is our plan to revise guidance upward on the Q2 earnings call. Take a look at the 8-K we release today. That action will support a more ambitious AEP.”
The update note referenced above concerns a note issued by the Jefferies analyst on June 6, 2019 following our participation in a Regulation FD compliant investor conference on that same day. At this conference, as previously disclosed by us in quarterly conference calls and investor conferences, we stated that we have been investing in technology, marketing and sales capacity and resources for implementation and deployment in the second half of the year to capture the seasonal customer and revenue growth opportunities applicable to our core health insurance businesses during the fourth quarter. As part of these plans, the Form 8-K referenced above, which we filed with the U.S. Securities and Exchange Commission (the “SEC”) on June 7, 2019, disclosed our sublease and direct lease of expansion office space in Indianapolis, Indiana on June 3, 2019. At the Jefferies conference, we discussed in a Regulation FD compliant manner factors that could produce upside to our guidance provided on April 25, 2019. We stated our intent to update investors, during our second quarter earnings release and conference call in July 2019, about the status and direction of our plans for the current fiscal year and how those plans may impact our current annual financial guidance.
We currently believe we will revise our guidance for this fiscal year upward, however, the size of the increase is not yet determined and is subject to further planning and review by our Board of Directors. Our guidance decision will be impacted by factors such as our business performance for our fiscal quarter ending June 30, 2019, our expected return on increased expenditures on our sales and marketing initiatives, our ability to increase our call center sales capacity, our expectations for changes in the Medicare Advantage plans offered by our carrier partners, changes in competitive landscape, changes in any government regulations that could impact how consumers can enroll in Medicare Advantage plans, and our assessment of the degree of business risk associated with our investment plans.
This Current Report on Form 8-K is being furnished solely to satisfy the requirements of Regulation FD. We do not intend and assume no obligation to update this information or release similar information in the future.
The information in Item 7.01 of this Current Report on Form 8-K contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act and the Private Securities
Litigation Reform Act of 1995. These forward-looking statements include statements regarding our investment plans and financial outlook for the fiscal year ending December 31, 2019 and any impact of our investments in technology, marketing and sales capacity resources may have on such guidance, the seasonal customer and revenue growth opportunities applicable to our core health insurance businesses, our current plans to update our investment plans and financial guidance. Forward-looking statements are subject to risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. The potential risks and uncertainties that could cause actual results to differ from the results predicted include, among others, our business performance for our fiscal quarter ending June 30, 2019, our expected return on increased expenditures on our sales and marketing initiatives, our ability to increase our call center sales capacity, our expectations for changes in the Medicare Advantage plans offered by our carrier partners, changes in competitive landscape, changes in any government regulations that could impact how consumers can enroll in Medicare Advantage plans, and our assessment of the degree of business risk associated with our investment plans and those risks and uncertainties included under the caption “Risk Factors” and elsewhere in our filings with the SEC, including, without limitation, the Annual Report on Form 10-K filed with the SEC on March 14, 2019 and the Quarterly Report on Form 10-Q filed with the SEC on May 7, 2019. All information provided in this Item 7.01 is as of the date hereof, and we undertake no duty to update this information unless required by law.
The information in Item 7.01 of this Current Report on Form 8-K is intended to be “furnished” and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended. Except as shall be expressly set forth by specific reference in such filing, the information contained herein shall not be incorporated by reference into any filing with the Securities and Exchange Commission made by us, whether made before or after the date hereof, regardless of any general incorporation language in such filing. This Current Report on Form 8-K shall not be deemed an admission as to the materiality of any information in this Current Report on Form 8-K that is required to be disclosed solely by Regulation FD.
About eHealth, Inc. (NASDAQ:EHTH)

eHealth, Inc. provides a private online source of health insurance for individuals, families and small businesses. The Company is the parent company of eHealthInsurance, a private health insurance exchange where individuals, families and small businesses can compare health insurance products from various insurers side-by-side, and purchase and enroll in coverage online through its Websites (www.eHealth.com, www.eHealthInsurance.com, www.eHealthMedicare.com, www.Medicare.com and www.PlanPrescriber.com) or telephonically through its customer care centers. The Company also offers various online and pharmacy-based tools to help seniors navigate Medicare health insurance options, choose the right plan, and enroll in plans online or telephonically. It markets the availability of individual and family, small business and ancillary health insurance plans of various insurance carriers through its e-commerce platforms (www.eHealth.com and www.eHealthInsurance.com).