eHealth reiterates 2023 annual guidance; comments on new CMS MA/Part D rule

eHealth, Inc.

Total revenue expected $420M-$440M; GAAP net loss $55M-$35M; adj. EBITDA $(15)M-$5M.
Operating cash flow expected $(30)M-$(15)M for FY 2023.
CEO Fran Soistman says eHealth is collaborating with carriers to comply with new CMS rule released April 12, 2023.
eHealth anticipates the new rule will rationalize the market and benefit quality-focused players.
Q1 2023 earnings call scheduled for May 9, 2023 at 8:30 a.m. ET.

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