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Employee Benefits

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

July 21, 2022 Reprints

The Securities and Exchange Commission has charged Tampa, Florida.-based Health Insurance Innovations and its former CEO Gavin Southwell for allegedly hiding customer complaints from its investors, reports Becker’s Payer Issues. HII sells short-term health insurance plans and has since become a private company called Benefytt Technologies, the report says. Despite receiving thousands of complaints from customers, HII and Southwell allegedly told investors the company had high satisfaction ratings among consumers and state regulators.

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

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