First, last month, we won an RFP with Union Plus to provide a Medicare Exchange and distribute Medicare products. Union Plus was founded by the AFL-CIO, America's largest labor federation, to provide voluntary consumer benefits and services to members and retirees of its 55 affiliated unions that represent 12.5 million working men and women.
There are currently 2.5 million union retirees over 65 years of age and approximately 25,000 members per month that are aging into Medicare.
To win this RFP, eHealth competed against some of the leading brokers and insurance carriers in the space. We are very excited to work with Union Plus and believe this win is a true testament to the strength of our online platform, our customer care and enrollment capabilities and our extensive Medicare product offerings.
This is also a great example of our news channel strategy in the Medicare business, which emphasizes strategic partnerships over lead aggregator and paid search sources.
I'm also pleased to announce that earlier this month, we signed a contract with USAA to distribute their branded Medicare Supplement products.
The USAA family of companies provides insurance, banking, investments and retirement products to 12 million current and former members of the U.S. Military and their families.
USAA is a well-recognized and respected brand, and we are honored to have the opportunity to offer their Medicare Supplement plans to eHealth customers.
Upon launch of their products, which is slated [ph] for June of this year, eHealth will be the first external distribution partner USAA has ever used for this product.
With these 2 wins, eHealth gains a significant presence in the important labor union and military personnel markets
https://seekingalpha.com/article/4066464-ehealths-ehth-ceo-scott-flanders-q1-2017-results-earnings-call-transcript
Penny Stock Analyst, not licensed, but may as well be...
Recent EHTH News
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