eHealth, Inc (EHTH)

[VortMax]

Medicare $50 Per share here alone

20% CAGR on Medicare enrollments as new-to-Medicare recipients are more computer savy embracing online tech/enrollment/search/help in tandem with new Medicare pool partnerships and increased marketing.

Total Medicare Commission payable to EHTH rising by 3% Annually due to CMS allowing Annual increases based on Fair Market Value pegged mainly to cost of care rises for all Medicare Advantage and Prescription Drug Sales. Bottom line is as cost of care goes up the enrollments are worth more and therefore pay more commission.

Cost cutting in enrollments from company initiatives as well as EHTH being busier first 3 quarters of the year where idle workers are now busier enrolling Medicare customers due to increased business adds to margins.

2018 $180M $50M profit 27% margin, 2019 $210M $70M profit 34% margin , 2020 $250M $95M 38% margin profit 20201 $300M $115M profit 40% margin