As E-Brokers Struggle, Elevance Extends Lifeline to GoHealth

  • Oct 14, 2022

    Elevance Health, Inc. last month invested $35 million in GoHealth, an e-broker for Medicare Advantage plans that has struggled this year and seen its stock market value plummet. Michael Abrams, managing partner of Numerof & Associates, tells AIS Health that the investment was “equivalent to a life-saver” for GoHealth. 

    GoHealth received a total of $50 million, with the other $15 million coming from a company referred to as GH 22 Holdings, Inc. in an SEC filing. A GoHealth spokesperson writes in an email to AIS Health, a division of MMIT, that GH 22 is “a significant partner” of GoHealth.  

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  • Tim Casey

    Tim has worked as a reporter and editor for more than 20 years. Before joining AIS Health in December 2021, he was a business reporter covering the commercial real estate industry’s capital markets for four years. He previously covered health care business issues for two medical publishing companies and high school, college and professional sports for the Sacramento Bee newspaper. Tim has a B.A. in Psychology from the University of Notre Dame and an M.B.A. from Georgetown University.

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