Connecture Analysis: Shopping Activity and Enrollments Surge in Medicare AEP
CONNECTURE (CNXR)
Last connecture earnings: 8/7 04:05 pm
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US:NASDAQ Investor Relations:
connecture.com/2017/03/14/connecture-reports-financial-results-for-fourth-quarter-full-year-2016
Company Research
Source: GlobeNewswire
BROOKFIELD, Wis., Dec. 15, 2017 (GLOBE NEWSWIRE) -- Connecture, Inc. (OTCQX:CNXR), an industry leader in Medicare shopping and enrollment solutions, released today preliminary observations from this year’s Medicare Annual Election Period (AEP). The findings illustrate continued market growth, as total enrollments were up 17%, led by Part D prescription drug plans (PDP) which increased, on average, 40% from last year’s AEP. In addition, more Medicare beneficiaries shopped online through their carriers’ self-service member portals than ever before, up 20% from the previous year. Connecture also reported the following results from its data set for AEP this year, which began on October 15, 2017, and ended on December 7, 2017: • More than a third of Medicare beneficiaries began their shopping journey through a mobile device or tablet, underscoring the importance of a digital member strategy for baby boomers. • 76% of consumers entered their prescription drug information as part of th
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