GoHealth Initiates Prepackaged Chapter 11 Restructuring

GoHealth, Inc. and certain subsidiaries have voluntarily filed for Chapter 11 bankruptcy to implement a prepackaged restructuring plan. The plan has significant support from 100% of lenders, over 60% of Class A common stock holders, and over 99% of GoHealth Holdings, LLC interest holders. This restructuring will transition ownership to lenders, reinstate preferred equity, ensure full payment of trade payables, and provide a cash payment to common equity holders. The company expects to continue operations without interruption and aims to emerge from the process quickly, before the 2026 annual enrollment period. GoHealth's Class A common stock is expected to be delisted from Nasdaq.