GoHealth (GoHealth) Claims Ratio % : 0.00% (As of Dec. 2022)

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What is GoHealth Claims Ratio %?

Claims Ratio % is the percentage of claims costs incurred in relation to the premiums earned.

The historical rank and industry rank for GoHealth's Claims Ratio % or its related term are showing as below:

GOCO's Claims Ratio % is not ranked ^*
in the Insurance industry.
Industry Median:
* Ranked among companies with meaningful Claims Ratio % only.

GoHealth Claims Ratio % Historical Data

The historical data trend for GoHealth's Claims Ratio % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

GoHealth Claims Ratio % Chart

GoHealth Annual Data

Trend

Dec20

Dec21

Dec22

Claims Ratio %

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GoHealthQuarterly Data

Trend

Mar21

Jun21

Sep21

Dec21

Mar22

Jun22

Sep22

Dec22

Claims Ratio %

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Competitive Comparison of GoHealth's Claims Ratio %

For the Insurance Brokers subindustry, GoHealth's Claims Ratio %, along with its competitors' market caps and Claims Ratio % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

GoHealth (NAS:GOCO) Claims Ratio % Calculation

Claims Ratio % is calculated as

Claims Ratio %

Total Claims

Total Premiums Earned

100%

GoHealth (NAS:GOCO) Claims Ratio % Explanation

Claims Ratio % the percentage of claims costs incurred in relation to the premiums earned during the period. It is the equivalent of gross profit margin for an insurance company.

It's important to note that insurance is the business of managing risks and, to do that well, the insurer needs a thorough understanding of the incurred claims ratio. If the value is higher than expected or above established norms, then further investigation is required to figure out why that is (eg: fraud). If it is lower than expected, it could indicate irrelevant products or difficulties in claiming, possibly affecting customer satisfaction.

GoHealth Claims Ratio % Related Terms

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GoHealth (GoHealth) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » GoHealth Inc (NAS:GOCO) » Definitions » Claims Ratio %

Comparable Companies

Traded in Other Exchanges

N/A

Address

214 West Huron Street, Chicago, IL, USA, 60654

Website

https://www.gohealth.com

GoHealth Inc is a health insurance marketplace in America. Its technology platform leverages modern machine-learning algorithms and helps individuals find the best health insurance plan for their specific needs. The company operates in four segments: Medicare-Internal; Medicare-External, IFP and Other-Internal; and IFP and Other-External. The Medicare segments sales Medicare Advantage, Medicare Supplement, Medicare prescription drug plans, and Medicare Special Needs Plans.

Executives

Vijay Kotte	officer: Chief Executive Officer	C/O R1 RCM INC., 401 N. MICHIGAN AVENUE, SUITE 2700, CHICAGO IL 60611
Mike Hargis	officer: Chief Operating Officer	222 W. MERCHANDISE MART PLAZA, SUITE 1750, CHICAGO IL 60654
Jason Schulz	officer: Chief Financial Officer	C/O GOHEALTH, INC., 214 WEST HURON STREET, CHICAGO IL 60654
Karolina Hanna Hilu	director	214 W HURON ST, CHICAGO IL 60654
Cb Blizzard Holdings C, L.p.	10 percent owner	C/O CENTERBRIDGE PARTNERS, 375 PARK AVENUE, 11TH FLOOR, NEW YORK NY 10152
Ccp Iii Cayman Gp Ltd.	10 percent owner	C/O CENTERBRIDGE PARTNERS, L.P., 375 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10152
Cb Blizzard Lower Holdings A, L.p.	10 percent owner	375 PARK AVENUE, 11TH FLOOR, NEW YORK NY 10152
Cb Blizzard Lower Holdings Gp B, Llc	10 percent owner	375 PARK AVENUE, 11TH FLOOR, NEW YORK NY 10152
Cb Blizzard Lower Holdings Gp A, Llc	10 percent owner	375 PARK AVENUE, 11TH FLOOR, NEW YORK NY 10152
Cb Blizzard Lower Holdings B, L.p.	10 percent owner	375 PARK AVENUE, 11TH FLOOR, NEW YORK NY 10152
Christopher Litchford	director	214 WEST HURON ST.,, CHICAGO IL 60654
David Fisher	director	39 SOUTH LASALLE STREET, SUITE 220, CHICAGO IL 60605
Vance Cushman Johnston	officer: Chief Financial Officer	1 N BRENTWOOD BLVD, ST LOUIS MO 63105
Nvx Holdings, Inc.	10 percent owner	C/O GOHEALTH, INC., 214 WEST HURON STREET,11TH FLOOR, CHICAGO IL 60654
Clinton P. Jones	director, 10 percent owner, officer: Chief Executive Officer	GOHEALTH, INC., 214 WEST HURON STREET, CHICAGO IL 60654