SelectQuote is a direct-to-consumer insurance distributor and healthcare services company focused on American seniors. The company operates two core businesses: Medicare insurance distribution and a home-delivery pharmacy, SelectRx. In insurance distribution, SelectQuote acts as an agent — not an underwriter — helping Medicare-eligible consumers shop for and enroll in Medicare Advantage and Medicare Supplement plans from roughly 25 carrier partners, including UnitedHealthcare, Humana, and Aetna. Carriers pay SelectQuote commissions on new enrollments, plus renewal commissions in subsequent years as policyholders stay on their plans. SelectQuote also distributes term life and final expense insurance through a separate segment. SelectRx, launched in 2021, ships monthly prescription drug packages to seniors managing complex, multi-drug regimens, with medication adherence as its core value proposition. SelectRx generates recurring revenue that scales with membership, which grew 31% YoY to over 108,000 active members as of June 2025. A key feature of SelectQuote's model is the cross-sell flywheel: the company acquires senior customers through insurance distribution, then enrolls those same customers in SelectRx at minimal additional acquisition cost. SelectQuote's longer-term strategy is to build out a broader healthcare services platform for seniors, with SelectRx as the most mature product and newer initiatives like SelectPatient Management, a chronic care management service, in earlier stages.