Michael Kosloske - Benefytt Technologies Chairman

Chairman

Mr. Michael W. Kosloske is no longer Director of the Company, effective May 14, 2019. He is our founder, currently serves as Chief of Product Innovation and as a member of the Board of Directors. Previously, Mr. Kosloske served as our President and Chief Executive Officer since we began operations in 2008 until 2015 and as our Chairman from 2012 to 2016. Prior to founding our Company, from 1987 to 2007, Mr. Kosloske was President of Health Plan Administrators, Inc., a fullyinsured niche and individual health insurance company that focused on online sales. In 2005, Mr. Kosloske sold HPA to Independence Holding Company, a New York Stock Exchangelisted holding company engaged in the life and health insurance business, and he remained president of HPA until 2007. Previously, from 1986 to 1987, Mr. Kosloske was marketing manager for Dun Bradstreet Plan Services, Inc., a thirdparty administrator in Tampa, Florida since 2018.
Age 53
Tenure 6 years
Phone813 397-1187
Webwww.hiiquote.com
Kosloske holds a BS degree in risk management and insurance from Florida State University.

Benefytt Technologies Management Efficiency

The company has return on total asset (ROA) of 0.059 % which means that it generated a profit of $0.059 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.31 %, meaning that it created $0.31 on every $100 dollars invested by stockholders. Benefytt Technologies' management efficiency ratios could be used to measure how well Benefytt Technologies manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 179.09 M in liabilities with Debt to Equity (D/E) ratio of 127.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Benefytt Technologies has a current ratio of 1.67, which is within standard range for the sector. Debt can assist Benefytt Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Benefytt Technologies' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Benefytt Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Benefytt to invest in growth at high rates of return. When we think about Benefytt Technologies' use of debt, we should always consider it together with cash and equity.

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Benefytt Technologies, Inc., a health insurance technology company, primarily engages in the development and operation of private e-commerce health insurance marketplaces, consumer engagement platforms, agency technology systems, and insurance policy administration platforms. The company was formerly known as Health Insurance Innovations, Inc. and changed its name to Benefytt Technologies, Inc. in March 2020. Health Insurance operates under Health Care Plans classification in USA and is traded on NASDAQ General Markets. It employs 342 people. Benefytt Technologies (HIIQ) is traded on NASDAQ Exchange in USA and employs 342 people.

Management Performance

Benefytt Technologies Leadership Team

Elected by the shareholders, the Benefytt Technologies' board of directors comprises two types of representatives: Benefytt Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Benefytt. The board's role is to monitor Benefytt Technologies' management team and ensure that shareholders' interests are well served. Benefytt Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Benefytt Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
Lori Kosloske, Chief Broker Compliance Officer
Bruce Telkamp, COO and Director
Josef Denother, COO
Paul Gabos, Director
John Fichthorn, Independent Director
Paul Avery, Lead Director
Michael Hershberger, CFO, Treasurer and Secretary
Robert Murley, Independent Director
Michael Kosloske, Founder, Executive Chairman and Chief of Product Innovation
Patrick McNamee, CEO and President and Director
Anthony Barkett, Independent Director
Gavin Southwell, President CEO, Director
Michael Petrizzo, Executive VP, General Counsel and Secretary
Sheldon Wang, CTO and Director

Benefytt Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Benefytt Technologies a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Other Consideration for investing in Benefytt Stock

If you are still planning to invest in Benefytt Technologies check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Benefytt Technologies' history and understand the potential risks before investing.
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