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...