Robert McGuire's questions to GoHealth (GOCO) leadership • Q1 2025
Question
Robert McGuire of Lake Street Capital Markets asked about potential opportunities to improve GoHealth's capital structure and whether the recent DOJ intervention in a lawsuit might delay those plans. He also inquired about the company's reaction to recent news from UnitedHealth Group and its expectations for the upcoming Annual Enrollment Period (AEP) compared to last year.
Answer
CEO Vijay Kotte stated that the DOJ lawsuit does not change the company's plans to assess all alternatives to enhance its capital structure, emphasizing they will only proceed if the terms improve their position. Regarding the AEP, Kotte noted that industry-wide margin challenges and health plan pullbacks suggest a more disruptive enrollment season is likely, with benefit resets creating increased shopping demand from consumers. He acknowledged it was too early to fully digest the UnitedHealth news but that it aligns with broader industry trends.