FTC Squeezes $100M From ‘Sham’ Health Plan For Misleading Marketing

By Amy Lotven / August 10, 2022 at 6:53 PM
A health care company must pay $100 million to the Federal Trade Commission to refund consumers who were lured into non-ACA compliant “sham” health care plans by agents and brokers who used deceptive marketing techniques, the FTC announced Monday (Aug. 8), prompting praise from House Ways & Means Chair Richard Neal (D-MA) and others who have pressed the agency to use its enforcement authority to protect Americans from unscrupulous marketers. CMS tells Inside Health Policy that agency officials are...

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