GoHealth closes acquisition of e-TeleQuote

GoHealth closed the pending acquisition of e-TeleQuote Insurance, a name in the Medicare insurance marketplace. The transaction closed on September 30, leaving GoHealth as the sole owner of e-TeleQuote. In addition to over $18M in cash on the e-TeleQuote balance sheet, e-TeleQuote holds a substantial contract asset valued at over $100M, tied to its Medicare Advantage business. Contractually, e-TeleQuote also entered into a commercial agreement with GoHealth to become a downline under its GoPartner Solutions external agent channel. As part of the GPS agreement, e-TeleQuote will continue to operate as an independent agency; however, its agents will have the added advantage of utilizing GoHealth’s proprietary PlanFit tools and access to its marketing channels.