Health Insurance Innovations Fraud

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

(1 days ago) People also askIs 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.comWhat 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.comDid Health Insurance Innovations get a refund from simple health plans?Health 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 Federal Trade Commission to pay $100 million in refunds to customers. It did not admit any wrongdoing.False offers of cash subsidies used to ‘capture’ health insurance custom…msn.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.comFeedbackSEC.govhttps://www.sec.gov/news/press-release/2022-126SEC.gov SEC Charges Tampa-Based Health Insurance …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 settles 'scam' lawsuit - Sun …

(4 days ago) WebHealth Insurance Innovations, a Tampa-based distributor, and founder Michael Kosloske were targeted in a June 2019 class action lawsuit in U.S. District Court …

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, Inc., Now Named …

(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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False offers of cash subsidies used to ‘capture’ health …

(3 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 Federal Trade …

https://www.msn.com/en-us/money/companies/false-offers-of-cash-subsidies-used-to-capture-health-insurance-customers-lawsuit-alleges/ar-BB1lKhbM

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

(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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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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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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Preliminary Approval of Settlement in Health Insurance …

(8 days ago) WebOn November 19, 2020, the Hon. Thomas P. Barber, United States District Court Judge for the Middle District of Florida, entered an Order preliminarily approving a …

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

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Health Insurance Co. Settles Investors' Scam Suit For $11M

(5 days ago) WebInvestors of Tampa-based health insurance company Health Insurance Innovations urged a Florida federal judge on Thursday to sign off on an $11 million class settlement …

https://www.law360.com/articles/1334430/health-insurance-co-settles-investors-scam-suit-for-11m

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

(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 …

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

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

(9 days ago) WebThe ads, reproduced in the complaint filed on Friday in U.S. District Court in Fort Lauderdale, promised subsidies of $6,400 a month, $1,400 a month, or a flat …

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

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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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Fla. Cos. Deny Role In $150M Health Insurance Fraud - Law360

(8 days ago) WebHealth Insurance Innovations urged a Florida federal judge Thursday to toss a proposed class action from two consumers accusing it of participating in a $150 million fraud …

https://www.law360.com/articles/1261970/fla-cos-deny-role-in-150m-health-insurance-fraud

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Health Insurance Innovations: Set Aside Debunked Fraud Claims …

(7 days ago) WebKey Drivers For Health Insurance Innovations Inc. Health Insurance Innovations (HIIQ) has positioned itself for strong growth due to its proprietary web …

https://seekingalpha.com/article/4114233-health-insurance-innovations-set-aside-debunked-fraud-claims-and-focus-on-fundamentals

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Medical Equipment Suppliers Convicted of Health Care Fraud

(6 days ago) WebThe Fraud Section leads the Criminal Division’s efforts to combat health care fraud through the Health Care Fraud Strike Force Program. Since March 2007, this …

https://www.justice.gov/opa/pr/medical-equipment-suppliers-convicted-health-care-fraud

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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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PLAINTIFF v. DEFENDANT 3:2033av00001 - Justia Dockets & Filings

(1 days ago) WebFiling 11504 NOTICE OF REMOVAL by DEFENDANT Cigna Health and Life Insurance Company from Superior Court of New Jersey, Law Division, Middlesex …

https://dockets.justia.com/docket/new-jersey/njdce/3:2033av00001/188486

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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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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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2024 Insurance Dishonesty Report - NerdWallet

(7 days ago) WebAccording to the survey, 29% of Americans with insurance (aside from health) comparison shopped to see if they could find a more affordable insurance provider, and …

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

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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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Four People Plead Guilty, Sentenced for Multi-Million-Dollar …

(5 days ago) WebIn February, Satine pleaded guilty to felony Medicaid fraud and theft by deception and was sentenced to 1½ to 5 years in state prison. He is required to pay $2.8 …

https://www.attorneygeneral.gov/taking-action/four-people-plead-guilty-sentenced-for-multi-million-dollar-medicaid-fraud-scheme-that-involved-inflated-transportation-costs-other-phantom-services/

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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 …

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

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Former NBA player Glen 'Big Baby' Davis sentenced to 40 months …

(5 days ago) WebThe 38-year-old Davis was also sentenced to three years of supervised release. In November, Davis was found guilty of health care fraud, wire fraud, conspiracy to make …

https://www.msn.com/en-us/sports/nba/former-nba-player-glen-big-baby-davis-sentenced-to-40-months-in-insurance-fraud-scheme/ar-BB1m786a

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Cyberattack disrupts operations at major US health care network

(6 days ago) WebCNN —. 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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What Health Leaders Anticipate Most from AHIP 2024 - AHIP

(5 days ago) WebAHIP 2024 is taking over the Wynn Las Vegas, June 11-13, 2024, and hundreds of America’s most influential policy leaders, business innovators, industry …

https://www.ahip.org/news/articles/what-health-leaders-anticipate-most-from-ahip-2024

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Arizona facing third wrongful death lawsuit related to Medicaid …

(1 days ago) WebState didn't check prospective providers' liability insurance, suit says. The legal action from Russell's family accuses the state health department of awarding …

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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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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Medicaid in Arizona: Who's covered in the health insurance …

(Just Now) Web1:34. Arizona's $23.7 billion Medicaid program is government health insurance that as of September 2023 provided coverage to nearly one in every three …

https://www.azcentral.com/story/money/business/health/2023/09/28/medicaid-in-arizona-who-is-covered-in-health-insurance-program/70853896007/

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

(9 days ago) WebListen. 1:37. Former National Basketball Association player Glen “Big Baby” Davis was ordered to spend more than three years behind bars for participating in a …

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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The Benefits of AI in Healthcare IBM

(7 days ago) WebFraud prevention: Fraud in the healthcare industry is enormous, at $380 billion/year, and raises the cost of consumers’ medical premiums and out-of-pocket …

https://www.ibm.com/think/insights/ai-healthcare-benefits

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