Online Medicare plan marketplace operator GoHealth (NASDAQ: GOCO) was having a fine week. As of mid-afternoon Friday, the company's stock was up nearly 10% week to date as a crucial period for the sprawling health insurance program kicked off.
GoHealth concentrates on providing Medicare Advantage plans -- the healthcare policies offered by commercial insurers that are effectively an enhanced version of "Original" Medicare provided to U.S. seniors by the federal government. The company also provides advisory services for both Original Medicare and Medicare Advantage coverage.
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Why GoHealth Is Blasting Higher This Week