By Dean Seal
SelectQuote said it strongly disagrees with the Justice Department's allegations that it and other health-insurance brokers were paid illegal kickbacks by major insurers.
The complaint from May 1 claims Aetna, Elevance Health and Humana paid illegal kickbacks to eHealth, GoHealth and SelectQuote in exchange for enrollments in the insurers' Medicare Advantage plans.
SelectQuote, a leading distributor of Medicare policies, said Friday that it has been cooperating with the agency's inquiries since 2022. The allegations, according to the company, are incorrect and lack a clear understanding of the overall Medicare Advantage industry, as well as SelectQuote's business model.
"SelectQuote will defend itself against the allegations in the DoJ's complaint, and we are confident that once the facts are presented, there will be a positive resolution to this matter," the company said.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
May 09, 2025 08:45 ET (12:45 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。