Renaissance Capital logo

Online health insurance provider eHealth files for IPO

April 25, 2006

eHealth, an online source of health insurance for individuals, families and small businesses, registered for an initial public offering Tuesday afternoon. The Mountain View, CA-based company netted $42 million in sales for the 2005 fiscal year, but has yet to turn a profit. Morgan Stanley, Merrill Lynch, Thomas Weisel and JMP Securities will underwrite the deal. Terms and timing have yet to be disclosed.