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Employee Benefits

Simple Health fined $195M for selling 'sham' health insurance

February 13, 2024 Reprints

The U.S. government has won a $195 million judgment against Florida-based Simple Health after a federal judge ruled that the company deceived consumers into buying "sham" health insurance, Healthcare Dive reports. The Federal Trade Commission filed a complaint in 2018, arguing that Simple Health misled customers into thinking they were purchasing comprehensive coverage. Instead, they were sold a medical discount membership with limited benefits.

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Simple Health fined $195M for selling 'sham' health insurance

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