Clover Health Investor Presentation Deck slide image

Clover Health Investor Presentation Deck

DC Presents Another Opportunity To Leverage The Clover Assistant To Drive Strong Economics MCR ● ● ● OpEx ● Levers for Success Drive to near 100% Clover Assistant Coverage (unlike MA, no PCPs are "out of network"). Since launch in April, over 50% of our aligned beneficiaries have already received a Clover Assistant visit Drive clinical value (~1500 bps of identified potential) through CA and our operations. Examples of opportunities include: - In-Home Care Preferred specialists Readmission prevention Utilization in appropriate post-acute setting Appropriate classification of inpatient visits Significantly reduced CAC compared to MA given B2B sales motion Significantly reduced non-growth OpEx as a % of Revenue given elimination of plan functions (e.g., claims adjudication) 100.0% Illustrative Baseline "MCR" Illustrative Savings Opportunity 2.0 - 5.0% 15.0% Savings Illustrative Guarantee to Savings Government Potential 87.0 - 90.0% Clover DCE Potential Clover DCE Potential Post- Shared Savings With Providers In our second quarter of operations, our initial roll-out of clinical programs and COVID mean reversion has driven a 900bp+ improvement in MCR sequentially, yielding a DC Margin of 102.4% for Q3. We believe this sets us up well to drive strong margins in the quarters to come. 14
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