CHICAGO, July  21, 2026  (GLOBE NEWSWIRE) -- GoHealth (&#34;GoHealth&#34; or the &#34;Company&#34;) today announced that it successfully completed its financial restructuring and emerged from Chapter 11 pursuant to its

GOCO

GoHealth Successfully Completes Financial Restructuring and Emerges Well Positioned for Future Success

GoHealth Emerges From Chapter 11 as Private; GOCO Shareholders Receive Cash

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>CHICAGO, July  21, 2026  (GLOBE NEWSWIRE) -- GoHealth (&amp;#34;GoHealth&amp;#34; or the &amp;#34;Company&amp;#34;) today announced that it successfully completed its financial restructuring and emerged from Chapter 11 pursuant to its</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>GoHealth announced it completed a prepackaged Chapter 11 plan and emerged as a private company on July 21, 2026. The restructuring transfers ownership to lenders, reinstates preferred equity, and pays trade creditors in full, while providing a cash payout to common equity holders. This move reduces GOCO’s public float and shifts control to lenders, creating uncertainty for remaining stakeholders and limiting near-term liquidity.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>GoHealth exits Chapter 11 via a prepackaged plan.</li><li>Ownership transfers to lenders; company becomes private.</li><li>Common equity receives a cash payout; trade payables paid in full.</li><li>Public market exposure ends as GoHealth operates privately.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>GoHealth, Inc. (GOCO)</strong>: Emerges from Chapter 11 as a private company; common equity receives cash, lenders own.</li><li><strong>Kirkland &amp; Ellis LLP (N/A)</strong>: Legal counsel to GoHealth; signals formal restructuring process.</li><li><strong>Alvarez &amp; Marsal North America, LLC (N/A)</strong>: Restructuring advisor to GoHealth.</li><li><strong>Akin Gump Strauss Hauer &amp; Feld LLP (N/A)</strong>: Legal counsel to lenders; indicates lender-led restructuring.</li><li><strong>FTI Consulting, Inc. (N/A)</strong>: Financial advisor to lenders.</li><li><strong>Cahill Gordon &amp; Reindel LLP (N/A)</strong>: Counsel to lenders involved in the bankruptcy process.</li></ul>
  </section>

  <section data-block="category">
    <h3>Legal</h3>
    <p>Category: Legal. This is a bankruptcy-driven corporate development; it signals a capital-structure reset and shift to private ownership, with immediate public-market implications for GOCO.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Chapter 11 confirmation and private transition likely trigger immediate liquidity event for GOCO.</li><li>Public equity to cash payout; post-emergence float will be eliminated.</li><li>Lenders gain control; potential cost of capital and future strategic direction shift.</li><li>No immediate public fundraising; further updates depend on private-company strategy.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Date and event: July 21, 2026; Delaware Bankruptcy Court confirmed GoHealth&#039;s prepackaged plan.</li><li>Structure: Ownership transitions to lenders; company to operate as private.</li><li>Payouts: Cash payment to equity holders; payment in full of trade payables and ordinary-course obligations.</li><li>Advisors: Kirkland &amp; Ellis (counsel to GoHealth); Alvarez &amp; Marsal (restructuring); Akin Gump (lenders&#039; counsel); FTI Consulting (lenders&#039; advisor).</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>GOCO is effectively rendered obsolete for public trading; expect an immediate price collapse and eventual delisting this quarter.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">CHICAGO, July  21, 2026  (GLOBE NEWSWIRE) -- GoHealth ("GoHealth" or the "Company") today announced that it successfully completed its financial restructuring and emerged from Chapter 11 pursuant to its prepackaged plan of reorganization, confirmed by the U.S. Bankruptcy Court for the District of Delaware on July 21, 2026.</p>  <p align="justify">GoHealth emerges from its financial restructuring poised to maintain its position as a leading health insurance marketplace and Medicare-focused digital health company. With the support of new ownership, GoHealth is well positioned for future success and will continue serving its Medicare consumers and partners.</p>  <p align="justify">Chief Executive Officer Vijay Kotte said, &#34;We are pleased to have successfully completed our expedited restructuring process, marking the beginning of a new chapter for GoHealth as a financially stronger company. With an improved capital structure, we’ll have additional flexibility to build on our market-leading position and continue delivering for our Medicare consumers and partners. We are grateful to our new owners for their support and confidence in our business and future prospects.&#34;</p>  <p align="justify">As previously disclosed, the restructuring transitions ownership of the Company to certain of its lenders, reinstates the preferred equity of GoHealth, provides for payment in full of trade payables and other ordinary course obligations, and provides a cash payment to holders of GoHealth’s equity, allowing the Company to protect critical relationships with customers and health insurance carriers for its go-forward business. In connection with emergence, GoHealth will operate as a private company.</p>  <p align="justify"><strong>Additional Information</strong></p>  <p align="justify">Additional information regarding the financial restructuring is available from Donlin, Recano &amp; Company, LLC, the claims and noticing agent retained by the Debtors, by: (a) writing via first-class mail, to Donlin, Recano &amp; Company, LLC, c/o Angeion Group, 200 Vesey Street, 24th Floor, New York, NY 10281; (b) writing via electronic mail to ghiinfo@angeiongroup.com; or (c) calling the Debtors’ restructuring hotline at +1-877-583-1578 (U.S./Canada, toll-free) or +1-332-284-1398 (International, toll). You may also obtain copies of any pleadings filed in these Chapter 11 cases (i) for a fee via PACER at https://www.deb.uscourts.gov or (ii) at no charge from Donlin, Recano &amp; Company, LLC by accessing the Debtors’ restructuring website at https://www.bankruptcy.angeiongroup.com/gohealth.</p>  <p align="justify"><strong>Advisors</strong></p>  <p align="justify">Kirkland &amp; Ellis LLP serves as legal counsel, and Alvarez &amp; Marsal North America, LLC serves as restructuring advisor to GoHealth in connection with the Company’s financial restructuring. Akin Gump Strauss Hauer &amp; Feld LLP serves as legal counsel, and FTI Consulting, Inc. serves as financial advisor, to the lenders, along with Cahill Gordon &amp; Reindel LLP and RPA Advisors, LLC, who serve as counsel and financial advisor, respectively, to a subset of the lenders.</p>  <p align="justify"><strong>About GoHealth</strong></p>  <p align="justify">GoHealth is a leading health insurance marketplace and Medicare-focused digital health company whose purpose is to compassionately ensure consumers’ peace of mind when making healthcare decisions so they can focus on living life. For many of these consumers, enrolling in a health insurance plan is confusing and difficult, and seemingly small differences between health plans may lead to significant out-of-pocket costs or lack of access to critical providers and medicines. GoHealth’s proprietary technology platform leverages modern machine-learning algorithms, powered by over two decades of insurance purchasing behavior, to reimagine the process of matching a health plan to a consumer’s specific needs. Its unbiased, technology-driven marketplace coupled with highly skilled licensed agents has facilitated the enrollment of millions of consumers in Medicare plans since GoHealth’s inception.</p>  <p align="justify"><strong>Forward-Looking Statements </strong></p>  <p align="justify">This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made in reliance upon the safe harbor provision of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts contained in this press release may be forward-looking statements. Statements regarding the Company’s future success; relationships with customers and other parties; financial prospects; maintaining market positions; the potential benefits of the transactions contemplated by the plan of reorganization; and the potential effects of the transactions contemplated thereby on the Company’s financial position, capital structure, outstanding debt, interest expense and business are forward-looking statements. In some cases, you can identify forward-looking statements by terms such as "may," "will," "should," "expects," "plans," "anticipates," "could," "intends," "targets," "projects," "contemplates," "believes," "estimates," "predicts," "potential," "likely," "future" or "continue" or the negative of these terms or other similar expressions although not all forward-looking statements contain these identifying words. The forward-looking statements in this press release are only predictions, projections and other statements about future events that are based on current expectations and assumptions. Accordingly, we caution you that any such forward-looking statements are not guarantees of future events or performance and are subject to risks, assumptions and uncertainties that are difficult to predict. Although we believe that the expectations reflected in these forward-looking statements are reasonable as of the date made, actual results may prove to be materially different from the results expressed or implied by the forward-looking statements.</p>  <p align="justify">These forward-looking statements involve risks and uncertainties, both known and unknown, that may cause the Company’s actual results to differ materially from those indicated in the forward-looking statements. Factors that could cause actual future events to differ materially from the forward-looking statements in this press release include, but are not limited to: the Company’s ability to realize the intended benefits of the restructuring; the effects of the Chapter 11 cases on the Company and its various constituents, including vendors, suppliers, customers, health plans, brokers, employees and other business counterparties; the effects of the Chapter 11 cases on the Company’s liquidity, cash flows, access to financing, financial condition and results of operations; risks related to the Company’s indebtedness; employee attrition and the Company’s ability to retain senior management and other key personnel; whether the Company’s vendors, suppliers, customers, health plans, brokers and other business counterparties might lose confidence in the Company and seek to establish alternative commercial relationships; and increased administrative and legal costs related to the Chapter 11 cases.</p>  <p align="justify">These forward-looking statements speak only as of the date of this press release and are subject to a number of additional important factors that could cause actual results to differ materially from those in the forward-looking statements, including the factors described in the sections titled "Risk Factors" and "Management’s Discussion and Analysis of Financial Condition and Results of Operations" in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 and Quarterly Reports on Form 10-Q filed in 2026. You should read this press release and the documents that we reference herein completely and with the understanding that our actual future results may be materially different from what we expect. We qualify all of our forward-looking statements by these cautionary statements. Except as required by applicable law, we do not plan to publicly update or revise any forward-looking statements contained herein, whether as a result of any new information, future events, changed circumstances or otherwise.</p>  <p align="justify"><strong>Media Inquiries</strong></p>  <p align="justify">pressinquiries@gohealth.com</p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTc2NTg5MCM3NzE2NTE4IzIxOTk4NjE="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/M2U1MDZlOWQtODNhMC00ZTllLWE4NmQtMDIxNGMwYjJhMGIzLTEyMTE0MTQtMjAyNi0wNy0yMS1lbg==/tiny/GoHealth-Inc-.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/cd15364d-1173-4d6a-b32e-8c76d0767842"><img src="https://ml.globenewswire.com/media/cd15364d-1173-4d6a-b32e-8c76d0767842/small/gh-wordmark-blue-png.png" border="0" width="150" height="29" alt="Primary Logo"></img></a></p>

GoHealth announced it completed a prepackaged Chapter 11 plan and emerged as a private company on July 21, 2026. The restructuring transfers ownership to lenders, reinstates preferred equity, and pays trade creditors in full, while providing a cash payout to common equity holders. This move reduces GOCO’s public float and shifts control to lenders, creating uncertainty for remaining stakeholders and limiting near-term liquidity.

GoHealth Successfully Completes Financial Restructuring and Emerges Well Positioned for Future Success

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Legal

Related News