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We took a look at Clover Health’s 2019 financial results. They show losses deepening as the company took on more members in the red-hot Medicare Advantage market.

Vivek Garipalli (1)

  • We just got a look at the 2019 financial results of Clover Health, a health-insurance startup that’s valued at $1.2 billion.
  • Clover lost $67.4 million in 2019, a deeper loss than it posted in 2018 when it lost $40.9 million, according to state insurance filings reviewed by Business Insider.
  • Clover added 10,000 new members by the end of 2019 compared to the end of 2018.
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The health insurance startup Clover Health deepened its net losses as it steadily grows its presence in the red-hot Medicare Advantage market.

Clover lost $67.4 million in 2019, according read more >>>

Source:: BusinessInsider.Com