Health Insurance Innovations Scandal

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SEC.gov SEC Charges Tampa-Based Health Insurance Distributor …

(1 days ago) People also askWhat happened to Health Insurance Innovations?Health Insurance Innovations, which broke away from Dorfman immediately after the FTC secured its injunction against Simple Health Plans, was never charged by the FTC. A few months before the FTC’s investigation against Simple Health Plans was revealed to the public, Health Insurance Innovations’ founder Kosloske was ousted by the company’s board.Health Insurance Innovations settles 'scam' lawsuit - Sun Sentinelsun-sentinel.comIs Health Insurance Innovations running a scam?Where: The class action lawsuit was filed in Florida federal court. Health Insurance Innovations has reached a $27.5 million class action settlement with consumers who accused the company of running a scam involving the sale of low-grade insurance policies.Health Insurance Innovations Pays $27.5M Ending Class Action Alleging topclassactions.comWhen did Health Insurance Innovations issue checks?The settlement administrator began issuing checks on June 3, 2022. Who: Health Insurance Innovations Inc. reached a $27.5 million class action settlement with health insurance buyers. Why: Plaintiffs allege Health Insurance Innovations participated in a scheme to mislead consumers into buying pointless health insurance policies.Health Insurance Innovations Pays $27.5M Ending Class Action Alleging topclassactions.comDid Health Insurance Innovations mislead consumers into buying pointless health insurance?Who: Health Insurance Innovations Inc. reached a $27.5 million class action settlement with health insurance buyers. Why: Plaintiffs allege Health Insurance Innovations participated in a scheme to mislead consumers into buying pointless health insurance policies. Where: The class action lawsuit was filed in Florida federal court.Health Insurance Innovations Pays $27.5M Ending Class Action Alleging topclassactions.comFeedbackSEC.govhttps://www.sec.gov/news/press-release/2022-126SEC.gov SEC Charges Tampa-Based Health Insurance Distributor …WebSEC Charges Tampa-Based Health Insurance Distributor and its Former CEO with Making False Statements to Investors. FOR IMMEDIATE RELEASE 2022-126 …

https://www.sec.gov/news/press-release/2022-126#:~:text=The%20Securities%20and%20Exchange%20Commission%20today%20announced%20charges,to%20Benefytt%20Technologies%20and%20become%20a%20private%20company.

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Health Insurance Innovations, Inc., Now Named Benefytt …

(Just Now) WebHealth Insurance Innovations, Inc., which changed its name in March 2020 to Benefytt Technologies, Inc., is a Delaware corporation, headquartered in Tampa, Florida. From …

https://www.sec.gov/files/litigation/admin/2022/33-11084.pdf

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Health Insurance Innovations settles 'scam' lawsuit - Sun Sentinel

(4 days ago) WebMore than 230,000 victims will recover pennies on the dollar in a $27.5 million settlement with Health Insurance Innovations, distributors of allegedly bogus …

https://www.sun-sentinel.com/2021/09/28/health-insurance-scam-made-millions-victims-will-get-a-pittance/

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Health Insurance Innovations, former CEO settle SEC fraud case for …

(9 days ago) WebThe Securities and Exchange Commission has charged Tampa, Fla.-based Health Insurance Innovations and its former CEO Gavin Southwell for allegedly hiding …

https://www.beckerspayer.com/payer/health-insurance-innovations-former-ceo-settle-sec-fraud-case-for-12m.html

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Company Behind Joe Namath Medicare Advantage Ads Has Long …

(2 days ago) WebThe Namath ads have been running since 2018 when the company was named Health Insurance Innovations—the same year the FTC began prosecuting …

https://prospect.org/health/2024-02-22-company-joe-namath-medicare-advantage-ads-misconduct/

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Benefytt to refund $100M to customers who paid for sham health …

(5 days ago) WebHealth Insurance Innovations, ex-CEO to pay $12M to settle fraud charges 2022-07-20T20:04:00Z By Aaron Nicodemus Health Insurance Innovations and its …

https://www.complianceweek.com/regulatory-enforcement/benefytt-to-refund-100m-to-customers-who-paid-for-sham-health-plans/31957.article

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Health Insurance Innovations, ex-CEO to pay $12M to settle fraud

(8 days ago) WebHealth Insurance Innovations, ex-CEO to pay $12M to settle fraud charges. A Florida-based health insurance distributor and its former chief executive officer will …

https://www.complianceweek.com/regulatory-enforcement/health-insurance-innovations-ex-ceo-to-pay-12m-to-settle-fraud-charges/31879.article

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Accused seller of ‘sham’ insurance paid for consumer …

(5 days ago) WebOriginally a publicly traded entity called Health Insurance Innovations, the company was accused in the class action suit of financing the creation of Hollywood-based Simple Health Plans LLC, and

https://www.sun-sentinel.com/2023/05/25/accused-seller-of-sham-health-insurance-paid-100-million-for-consumer-refunds-before-seeking-bankruptcy-protection/

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SEC charges short-term health plan provider, former CEO with fraud

(3 days ago) WebThe Securities and Exchange Commission has charged Tampa, Florida.-based Health Insurance Innovations and its former CEO Gavin Southwell for allegedly …

https://www.businessinsurance.com/article/20220721/STORY/912351302/SEC-charges-short-term-health-plan-provider,-former-CEO-with-fraud

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$100 million: Accused sellers of ‘sham’ health insurance …

(7 days ago) WebA Tampa-based company accused of selling “sham” health plans marketed by third-party distributors, including a Hollywood-based insurance agency shut down amid allegations of fraud, has agreed

https://www.orlandosentinel.com/2022/08/11/100-million-accused-sellers-of-sham-health-insurance-are-ordered-to-repay-customers/

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Preliminary Approval of Settlement in Health Insurance …

(8 days ago) WebOn July 14, 2023, the court certified a class of shareholders in Moradpour v. Velodyne Lidar, Inc., et al., No. 3:21-cv-01486, a securities fraud class action pending in …

https://ksfcounsel.com/case-updates/preliminary-approval-of-class-action-settlement-in-health-insurance-innovations-securities-litigation/

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Health Insurance Innovations: Penalties To Exceed $100 Million …

(1 days ago) WebSummary. New data points: Fraud penalties expected to reach $100 million or more. Other insurers required to cease doing business with HIIQ as part of their fraud …

https://seekingalpha.com/article/4105714-health-insurance-innovations-penalties-to-exceed-100-million-and-undisclosed-domino-effect

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UNITED STATES DISTRICT COURT MIDDLE DISTRICT OF …

(5 days ago) Webhealth insurance innovations, inc., gavin southwell, and michael d. hershberger, defendants. case no. 8:19-cv-00421-wfj-cpt class action jury trial demanded consolidated …

https://www.saxenawhite.com/wp-content/uploads/2018/11/HIIQ-DE-30_07-19-2019_Consolidated-Class-Action-Complaint-00144392.pdf

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Florida Health Insurance CEO Charged With Investment Fraud

(7 days ago) WebOn July 20th, 2022, the Securities and Exchange Commission (SEC) announced investment fraud charges against Health Insurance Innovations (HII) and its former Chief …

https://www.carlson-law.net/florida-health-insurance-ceo-charged-with-investment-fraud/

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Health Insurance Innovations Pays $27.5M Ending Class Action …

(5 days ago) WebHealth Insurance Innovations Class Action Settlement Overview: Who: Health Insurance Innovations Inc. reached a $27.5 million class action settlement with …

https://topclassactions.com/lawsuit-settlements/insurance/health-insurance-innovations-pays-27-5m-ending-class-action-alleging-it-misrepresented-shoddy-health-plans/

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Health Insurance Innovations facing suit for alleged role in fraud

(3 days ago) WebHealth Insurance Innovations Inc. and subsidiary Health Plan Intermediaries Holdings LLC are facing a class action complaint for allegedly directing …

https://www.spglobal.com/marketintelligence/en/news-insights/trending/iq5pbkbthuc-qh1fut_upw2

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Health Insurance Innovations Inc. - The New York Times

(Just Now) WebA lawsuit accuses Health Insurance Innovations of defrauding consumers who were misled into buying plans that left them with thousands of dollars in medical bills. By Reed …

https://www.nytimes.com/topic/company/health-insurance-innovations-inc

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False offers of cash subsidies used to 'capture' health insurance

(9 days ago) WebHealth Insurance Innovations settled the case, which did not name Simple Health Plans as a defendant, for $27.5 million and agreed to a settlement with the …

https://medicalxpress.com/news/2024-04-false-cash-subsidies-capture-health.html

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Medicare and Medicaid fraudsters continue to steal taxpayer money

(1 days ago) WebFiscal year 2023 proved to be a high value one for healthcare frauds and settlements, with the DOJ totaling $2 billion dollars in illicit activity. The U.S. Department …

https://www.thomsonreuters.com/en-us/posts/investigation-fraud-and-risk/medicare-medicaid-fraud-2024/

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UnitedHealth faces securities fraud lawsuit over undisclosed …

(3 days ago) WebUnitedHealth Group Inc. is facing a proposed securities fraud class-action lawsuit alleging the company failed to disclose a Justice Department antitrust …

https://www.businessinsurance.com/article/20240517/STORY/912364546/UnitedHealth-faces-securities-fraud-lawsuit-over-undisclosed-antitrust-probe

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2024 Insurance Dishonesty Report - NerdWallet

(7 days ago) WebMore than 1 in 5 Americans (21%) admit to intentionally providing incorrect information on an insurance application, according to a new NerdWallet survey. The …

https://www.nerdwallet.com/article/insurance/2024-insurance-dishonesty-report

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District of New Jersey Announces Charges in Health Care Fraud …

(4 days ago) WebThe charge of conspiracy to commit health care fraud is punishable by a maximum potential penalty of 10 years in prison and a fine of $250,000, or twice the …

https://www.justice.gov/usao-nj/pr/district-new-jersey-announces-charges-health-care-fraud-cases-part-nationwide-federal-law

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State of New Jersey

(4 days ago) WebTRENTON – Attorney General Gurbir S. Grewal and the Office of the Insurance Fraud Prosecutor (“OIFP”) today announced charges against 19 individuals …

https://www.nj.gov/oag/newsreleases19/pr20190509c.html

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'Patient Broker' From Balto Goes To Federal Prison For Preying On …

(8 days ago) WebThose facilities, in turn, paid $5,000 to $10,000 per patient in referral fees -- funded by health insurance -- to a marketing company owned by Devlin and two …

https://dailyvoice.com/new-jersey/pascackvalley/patient-broker-from-balto-goes-to-federal-prison-for-preying-on-nj-drug-addicts/

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District of New Jersey Bergen County Man Admits Stealing

(6 days ago) WebHe also thanked the Department of Labor—Office of the Inspector General and the National Insurance Crime Bureau for its assistance with the case. The …

https://www.justice.gov/usao-nj/pr/bergen-county-man-admits-stealing-reimbursement-checks-medical-practice

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Steward Health Care files for Chapter 11 bankruptcy - CBS Boston

(7 days ago) Web"Steward Health Care has done everything in its power to operate successfully in a highly challenging health care environment," de la Torre said in the …

https://www.cbsnews.com/boston/news/steward-health-care-bankruptcy/

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Ex-NBA player Glen 'Big Baby' Davis sentenced to 40 months in …

(1 days ago) WebIn November, Davis was found guilty of health care fraud, wire fraud, conspiracy to make false statements and conspiracy to commit health care and wire …

https://www.usatoday.com/story/sports/nba/2024/05/09/glen-big-baby-davis-prison-sentence-defraud-nba-healthcare-scheme/73629712007/

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Cyberattack disrupts operations at major US health care network

(6 days ago) WebLink Copied! A cyberattack has disrupted “clinical operations” at major health care nonprofit Ascension, forcing it to take steps to minimize any impact to patient care, …

https://www.cnn.com/2024/05/08/tech/cyberattack-disrupts-healthcare-network/index.html

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Ex-NBA Player Glen ‘Big Baby’ Davis Gets 40 Months for Fraud

(9 days ago) WebMay 9, 2024 at 1:10 PM PDT. Listen. 1:37. Former National Basketball Association player Glen “Big Baby” Davis was ordered to spend more than three years behind bars for …

https://www.bloomberg.com/news/articles/2024-05-09/ex-nba-player-glen-big-baby-davis-gets-40-months-for-fraud

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Arizona facing third wrongful death lawsuit related to Medicaid …

(1 days ago) Web0:03. 1:34. A third Indigenous family is suing Arizona over allegations that state officials failed to stop massive Medicaid fraud schemes that caused the death of …

https://www.azcentral.com/story/news/local/arizona-health/2024/05/04/arizona-facing-third-wrongful-death-lawsuit-related-to-medicaid-fraud/73548077007/

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Ranking Members Cassidy, Crapo Demand Tr Senate …

(2 days ago) WebWASHINGTON – Today, U.S. Senators Bill Cassidy, M.D. (R-LA), ranking member of the Senate Health, Education, Labor, and Pensions (HELP) Committee, and …

https://www.help.senate.gov/ranking/newsroom/press/ranking-members-cassidy-crapo-demand-transparency-on-dols-new-policy-forgiving-julie-su-for-losing-32-billion-to-unemployment-insurance-fraud

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CHP employee and 14 others charged in complex insurance fraud …

(7 days ago) WebThe San Bernardino County District Attorney's Office charged all 15 suspects with insurance fraud, grand theft by trick and false imprisonment. Law enforcement …

https://www.cbsnews.com/losangeles/news/chp-employee-and-14-others-charged-in-complex-insurance-fraud-ring/

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Health insurance fraud detection based on multi-channel …

(2 days ago) WebHealth insurance fraud is becoming more common and impacting the fairness and sustainability of the health insurance system. Traditional health insurance fraud …

https://ui.adsabs.harvard.edu/abs/2024Heliy..1030045H/abstract

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The Possible Collapse of the U.S. Home Insurance System

(6 days ago) Web68. Hosted by Sabrina Tavernise. Featuring Christopher Flavelle. Produced by Nina Feldman , Shannon M. Lin and Jessica Cheung. Edited by MJ Davis Lin. With …

https://www.nytimes.com/2024/05/15/podcasts/the-daily/climate-insurance.html

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