GoHealth, Inc., a technology-driven health insurance marketplace, has filed for Chapter 11 bankruptcy protection. The Chicago-based company plans to restructure its balance sheet through the court-supervised process, with support from all of its lenders as well as certain shareholders and equity holders.
While the court-guided process moves ahead, its day-to-day operations related to consumers, partners, and other stakeholders are expected to carry on as normal.
GoHealth Enters Chapter 11 Restructuring
The company officially submitted its petition on June 7, 2026. Court filings, as available on PACER, show a large financial gap and obligations to more than 5,000 creditors.
Key details from the filing include:
- Filing Date: June 7, 2026
- Court and Jurisdiction: U.S. Bankruptcy Court for the District of Delaware
- Type of Filing: Active, Voluntary Petition
- Chapter: 11
- Case Number: 26-10914
- Estimated Assets: Between $500,000,001 and $1 billion
- Estimated Liabilities: Between $1,000,000,001 and $10 billion
- Estimated Creditors: Between 5,001 and 10,000
- Reason for Filing: Restructure business under court supervision
According to Pacermonitor, several affiliated entities also filed separate Chapter 11 petitions that are pending before the court.
- Blizzard Midco, LLC
- Connected Benefits, LLC
- e-TeleQuote Insurance, Inc.
- ETQ Holdings, LLC
- GoHealth Holdings, LLC
- GoHealth, LLC
- Norvax, LLC
Court filings show the debtor entities have requested joint administration of their cases.
Attorney Laura Davis Jones of Pachulski Stang Ziehl & Jones LLP is offering legal representation to the company in the case. The press release states that Kirkland and Ellis LLP is the legal counsel. Alvarez & Marsal North America, LLC is the restructuring advisor.
GoHealth, Inc. has been serving as a tech-driven health insurance marketplace since its inception in 2001. Through the years, it has assisted consumers in comparing, selecting, and enrolling in Medicare plans. The company combines proprietary technology with licensed insurance agents to help consumers compare and enroll in health insurance plans.
What Led to the Filing
Case records list an Omnibus Unanimous Written Consent template dated June 5, 2026. This document acts as a formal record showing the consent of the Board of Directors of GoHealth, Inc. and its affiliates for the restructuring procedures.
The document shows that the health insurance marketplace faces a huge and complicated debt load. The debt structure includes loans from 2019 that underwent several amendments.
In August 2025, it formed a Transformation Committee to assess alternatives for a financial reset. These included refinancing, selling the business, merging, and restructuring. After reviewing the different options, the committee suggested a Chapter 11 restructuring.
According to a press release from GlobeNewswire, GoHealth, Inc. is hoping to implement the restructuring transactions listed in its joint prepackaged Chapter 11 plan and its debtor affiliates. The plan is expected to shift the company’s ownership to certain of its lenders.
In addition, the plan is designed to reinstate the company’s preferred equity, provide full repayment of trade debts and standard operating obligations, provide a cash payment to common equity holders, and safeguard its relationship with customers and health insurance carriers.
Strong Stakeholder Support Behind the Restructuring
Although the company recently filed for Chapter 11 protection, it has already secured significant support for its prepackaged restructuring plan. The backing includes support from 100% of its lenders, more than 60% of the holders of GoHealth, Inc. Class A Common Stock, and more than 99% of the holders of GoHealth Holdings, LLC interests.
The company’s current equity ownership structure is shown below.
The company also expects that additional equity holders may offer their support for the plan in the coming weeks.
Based on the overall support, GoHealth, Inc. hopes to move through the restructuring process in a faster and more efficient manner and emerge from bankruptcy before the 2026 annual enrollment period (“AEP”).
The different corporations that directly or indirectly hold 10% or more of the debtor company’s equity interest are further shared through the image below (as of April 22, 2026).
Major Financial Restructuring Measures
A key part of the restructuring plan of GoHealth, Inc. is a $782.2 million senior secured term loan facility, which includes new money financing, senior takeback debt, and junior takeback debt. This financing is intended to support the reorganized company post the bankruptcy.
Vijay Kotte, the Chief Executive Officer of GoHealth, stated through the press release that the company hopes to keep operating even during the bankruptcy. It intends to do the same by using cash collateral for paying vendors, suppliers, and other business partners. As of now, GoHealth, Inc. has submitted several customary motions with the court for implementing these steps.
Following the Chapter 11 filing, the company expects its Class A stock to be delisted from Nasdaq and potentially move to an over-the-counter trading market.
The latest filing marks a pivotal moment for GoHealth, Inc. as it seeks to enter a phase of financial reset. An ownership change is further expected to reshape its operations in the long term.
