Clover Health Investor Day Presentation Deck slide image

Clover Health Investor Day Presentation Deck

Medicare Advantage vs. Direct Contracting: Illustrative Recap Estimated Overall Benchmark Expected Revenue Gross Margin Goals Expected Operating Expenses Expected Operating Margin Medicare Advantage ~ $1,000 PMPM ~ $1,000 PMPM Long-term MCR targets of 82-83% Decreasing to ~ 11% steady state 6-7% steady state Direct Contracting N $1,000 PMPM Dependent on provider arrangements; ~5% of benchmark in Year 1 (increasing over time) + shared savings settlements Savings of 2% -15% vs. risk- adjustable benchmark Significantly less than MA TBD 34
View entire presentation