Reported 1 day ago
The US government has filed a lawsuit against leading health insurance companies and brokers, alleging their involvement in illegal kickbacks that directed members towards specific Medicare Advantage plans. The complaint includes major firms like CVS Health, Elevance Health, and Humana, accusing them of manipulating brokers to promote these plans while restricting access to alternatives that did not compensate them. The allegations stem from a whistleblower's report and cover actions from 2016 to 2021, raising concerns for brokers about upcoming earnings reports as the investigation unfolds.
Source: YAHOO