PYMNTS.com September 4, 2024

Health insurance marketplace GoHealth has inked an agreement to buy Medicare-focused e-TeleQuote.

The acquisition is expected to close Sept. 30, GoHealth said in a Wednesday (Sept. 4) news release. The company called the acquisition a “significant milestone in GoHealth’s mission to deliver unparalleled consumer-centric solutions while reinforcing the companies’ shared values of integrity, empathy, and accountability.”

GoHealth said both firms have deep industry expertise, and each has a “complementary set of strengths that will dive mutual growth … especially as the upcoming benefit season expects to bring significant disruption and high demand for a high-quality shopping experience.”

GoHealth CEO Vijay Kotte said in a statement that the acquisition would benefit Medicare consumers.

“GoHealth’s scale, proprietary technology and operational excellence combined...

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Topics: Insurance, Mergers & Acquisitions / JV, Trends
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