GoHealth, Inc. (NASDAQ:GOCO) Q2 2024 Earnings Conference Call August 7, 2024 8:00 AM ET

Company Participants

John Shave - Vice President, Investor Relations
Vijay Kotte - Chief Executive Officer
Katie O'Halloran - Interim Chief Financial Officer

Conference Call Participants

Ben Hendrix - RBC Capital Markets
Pat McCann - Noble Capital Markets
Jim Sidoti - Sidoti & Co.
Sandeep Soorya - Delaware Street Capital

Operator

Good morning. And welcome to GoHealth Second Quarter 2024 Earnings Conference Call. My name is Marvin, and I’ll be your operator for today’s call. Currently, all participants are listening only mode. Following the prepared remarks, we’ll conduct the question-and-answer session. As a reminder, this conference is being recorded.

I’ll now turn the call over to John Shave, Vice President of Investor Relations. John, you may begin.

John Shave

Thank you and good morning. Welcome to GoHealth second quarter 2024 earnings call. Joining me today are Vijay Kotte, Chief Executive Officer; and Katie O'Halloran, Interim Chief Financial Officer.

Today’s conference call contains forward-looking statements based on our current expectations. Numerous known and unknown risks and uncertainties may cause actual results to differ materially from those anticipated or projected in these statements.

Many of the factors that will determine future results are beyond the company’s ability to control or predict. You should not place undue reliance on any forward-looking statements and the company undertakes no obligation to update or revise any of these statements, whether due to new information, future events, or otherwise.

Earlier today, we issued a press release containing our results for the second quarter of 2024. We have posted the release on the GoHealth website under the Investor Relations tab. In conjunction with our forward-looking statements, we encourage you to consider the other risk factors described in our 2023 annual report on Form 10-K and our other filings with the SEC for additional information.

During this call, we will be discussing certain non-GAAP financial measures. These measures are reconciled to the most directly comparable GAAP financial measure and the reconciliations are set forth in the press release.

I will now turn the call over to GoHealth CEO, Vijay Kotte.

Vijay Kotte

Thank you, John, and good morning, everyone. I’d like to begin by sharing commentary on our quarterly performance, along with updates on our general business activities and initiatives. In the second quarter of 2024, our internal captive team empowered nearly 525,000 consumers to navigate their Medicare options, utilizing the PlanFit CheckUp via our proprietary Encompass workflow. Along with supporting over 155,000 new enrollments in Q2, we also provided Peace of Mind to over 125,000 consumers confirming their current plan is best for their needs.