GoHealth, Inc.

GoHealth, Inc. and certain subsidiaries filed voluntary Chapter 11 petitions on June 7, 2026, to implement a prepackaged reorganization 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 unit holders. The company expects to continue operations without interruption and emerge from restructuring before the 2026 annual enrollment period. Additionally, CEO Vijay Kotte received a $2.87 million cash performance award related to the Chapter 11 filing, and the Class A common stock is expected to be delisted from Nasdaq.

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.

GoHealth, Inc. reported substantial doubt about its ability to continue as a going concern within the next twelve months, citing potential non-compliance with its liquidity covenant and ongoing discussions with lenders regarding strategic alternatives. For the first quarter of 2026, net revenues plummeted 94.6% to $11.9 million compared to $221.0 million in Q1 2025. The net loss attributable to GoHealth, Inc. significantly widened to $37.2 million, or $2.36 per share, from a $4.4 million loss, or $0.52 per share, in the prior year period.

GoHealth, Inc. announced its 2026 Annual Meeting of Stockholders will be held virtually on June 17, 2026. Key proposals include the election of three Class III Directors, the ratification of Ernst & Young LLP as the independent registered public accounting firm for fiscal year 2026, and an advisory vote on executive compensation. The Board of Directors recommends voting in favor of all proposals. The filing also detailed auditor fees, with audit fees increasing to $3,824,769 in 2025 from $3,113,185 in 2024, and noted several board changes in August 2025.