StockNews.AI
SLQT
StockNews.AI
10 hrs

SelectQuote, Inc. Partners with Findhelp to Connect Nearly 50,000 Seniors with Vital Social Services

1. SLQT partnered with Findhelp, aiding over 200,000 low-income seniors. 2. Findhelp connects seniors to critical social services improving health outcomes. 3. Partnership strengthens SLQT's commitment to holistic support for Medicare customers. 4. Addressing Social Determinants of Health enhances SLQT’s service offerings. 5. Bob Grant emphasizes the importance of addressing non-medical health factors.

9m saved
Insight
Article

FAQ

Why Bullish?

The partnership enhances SLQT's value proposition, similar to past successful partnerships in healthcare.

How important is it?

The initiative can significantly improve SLQT's customer engagement and retention.

Why Long Term?

Sustained growth in social service partnerships can secure SLQT's market position over time.

Related Companies

SelectQuote, Inc. (NYSE:SLQT), leading distributor of Medicare insurance policies and owner of a rapidly growing Healthcare Services platform, today announced a significant milestone in its partnership with Findhelp, a closed-loop referral management software company at the forefront of powering the U.S. safety net. SelectQuote has directed more than 200,000 low-income seniors, and Findhelp has provided free and reduced-cost social services, addressing critical Social Determinants of Health (SDoH), to nearly 50,000 of those connections.

This partnership is a cornerstone of SelectQuote's commitment to providing holistic support to its senior customers. By leveraging Findhelp's extensive network of community resources, SelectQuote has been able to seamlessly direct its clients to a wide array of programs that address fundamental needs beyond traditional healthcare.

SDoH, such as food insecurity, housing instability, and lack of transportation, are increasingly recognized as major factors in overall health outcomes. By proactively connecting seniors with these essential services, SelectQuote is helping to remove barriers to well-being and empower them to live healthier, more secure lives.

Findhelp's platform provides a comprehensive and easy-to-use search engine for a variety of social services, including:

  • Food Assistance: Connecting individuals with food pantries, meal delivery programs (like Meals on Wheels), and SNAP benefits.
  • Housing and Utilities: Providing resources for rent assistance, housing aid, and help with paying utility bills.
  • Transportation: Offering information on non-emergency medical transportation and other transit programs.
  • Healthcare: Aiding in finding low-cost medical and dental care, as well as prescription assistance programs.
  • Financial and Legal Aid: Directing users to resources for financial counseling and legal assistance.

The partnership with Findhelp is one piece of SelectQuote's mission to provide comprehensive support and solutions, ensuring their clients not only have access to quality healthcare coverage but also to the community resources essential for their overall health and stability.

"Our mission has always been to serve our customers and provide them with the best possible options for their well-being, and that goes beyond just health insurance," said Bob Grant, SelectQuote's President. "Our partnership with Findhelp allows us to directly tackle the non-medical factors that impact our seniors' health. Reaching these milestones of having directed over 200,000 seniors to Findhelp with nearly 50,000 receiving services is a testament to the power of this collaboration and our shared commitment to improving the lives of those in need."

About SelectQuote:

Founded in 1985, SelectQuote (NYSE:SLQT) pioneered the model of providing unbiased comparisons from multiple, highly-rated insurance companies, allowing consumers to choose the policy and terms that best meet their unique needs. Two foundational pillars underpin SelectQuote's success: a strong force of highly-trained and skilled agents who provide a consultative needs analysis for every consumer, and proprietary technology that sources and routes high-quality leads. Today, the Company operates an ecosystem offering high touchpoints for consumers across insurance, pharmacy, and virtual care.

With an ecosystem offering engagement points for consumers across insurance, Medicare, pharmacy, and value-based care, the company now has three core business lines: SelectQuote Senior, SelectQuote Healthcare Services, and SelectQuote Life. SelectQuote Senior serves the needs of a demographic that sees around 10,000 people turn 65 each day with a range of Medicare Advantage and Medicare Supplement plans. SelectQuote Healthcare Services is comprised of the SelectRx Pharmacy, a Patient-Centered Pharmacy Home™ (PCPH) accredited pharmacy, SelectPatient Management, a provider of chronic care management services, and Healthcare Select, which proactively connects consumers with a wide breadth of healthcare services supporting their needs.

About Findhelp:

Building healthier and happier communities starts with supporting the whole person. That's why Findhelp was founded in 2010: to connect all people in need to the programs that serve them with dignity and ease. Our software platform enables community organizations, governments, and businesses across industries to easily manage and coordinate care. From screening and closed-loop referrals to outcomes tracking and actionable insights, Findhelp is powering a better social safety net. For more information, visit https://company.findhelp.com.

Investor Relations:

Sloan Bohlen

877-678-4083

investorrelations@selectquote.com



Media:

Matt Gunter

913-286-4931

matt.gunter@selectquote.com

Related News