GoHealth, a Chicago-based company that leverages technology to make buying and selling health insurance simple is ranked 485 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.
GoHealth grew 144 percent from 2009 to 2013. During that time period, GoHealth evolved with the rollout of the Affordable Care Act while staying technologically advanced to meet the needs of health insurance consumers, brokers and carriers. Business achievements that contributed to the company’s revenue growth between 2009 and 2013 include:
- Becoming the first private health insurance exchange to enroll shoppers in subsidized health insurance.
- Connecting its broker enrollment technology with the federally facilitated marketplace, enabling carriers and individual brokers to sell on and off-exchange enrollments.
- Hiring and training more than 650 Chicago-area workers to staff one of the nation’s largest health insurance benefit centers.
About Deloitte’s 2014 Technology Fast 500™
Technology Fast 500, conducted by Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2009 to 2013.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years and be headquartered within North America.
As a leading health insurance marketplace, GoHealth’s mission is to improve access to healthcare in America. Enrolling in a health insurance plan can be confusing for customers, and the seemingly small differences between plans can lead to significant out-of-pocket costs or lack of access to critical medicines and even providers. GoHealth combines cutting-edge technology, data science and deep industry expertise to match customers with the healthcare policy and carrier that is best for them. Since its inception, GoHealth has enrolled millions of people in Medicare and individual and family plans.