Clover Health Investments, Corp.

Clover Health offers health insurance plans for seniors in the United States. Its software helps doctors make better decisions for patient care. The company focuses on people with Medicare, especially those in underserved areas.

What’s in the Clover Health Toolbox?

• Medicare Advantage Plans: Health insurance for people eligible for Medicare, mainly through Preferred Provider Organization (PPO) and Health Maintenance Organization (HMO) plans. Represents substantially all of total revenue.
• Clover Assistant: Software platform that gives doctors real-time, personalized care suggestions using data from over 100 sources. Used by physicians treating Clover Health members.
• Counterpart Health: Software-as-a-Service (SaaS) platform launched in 2024, offering Clover Assistant technology to outside insurers and healthcare providers.
• Clinical Programs: In-home care, advanced care planning, and behavioral health support for high-risk members.
• Ancillary Services: Additional services and investment income, making up a small share of revenue.

Growth and Expansion: Clover’s Greatest Hits

• Launched Counterpart Health in 2024, expanding software to external clients.
• Expanded Medicare Advantage plans to 203 counties across five states by 2026.
• Increased focus on underserved and high-need populations since Clover Health’s business combination and rebranding as Clover Health Investments, Corp.
• Invested in research to improve software and integrate with electronic health records.

What Makes Clover Health Stand Out?

Clover Health uses technology to help doctors spot and manage chronic diseases earlier. Its open network approach gives members flexibility to choose providers. The company targets seniors in areas with fewer healthcare options, aiming to improve access and outcomes.

Five Things You Need to Know

• Total revenue was $1.92 billion in 2025, up 40.3% from 2024.
• Medicare Advantage membership reached 113,803 at end of 2025, up 37.7% year-over-year.
• Gross profit on a non-GAAP basis was $355.9 million in 2025, down 2.4% from 2024.
• Net loss from continuing operations was $85.5 million in 2025, up 84.9% from 2024.
• Cash and investments were $319.9 million at December 31, 2025, down 26.9% from 2024.

Bottom Line

Clover Health has grown by combining insurance with technology for Medicare seniors. The company faces ongoing losses but continues to expand its reach and software offerings.