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Employee Benefits

FTC refunds customers for fraudulent health plans sold by Benefytt

March 20, 2024 Reprints

The Federal Trade Commission is refunding customers who purchased fraudulent health plans from Benefytt Technologies, marketed as comprehensive health insurance or Affordable Care Act plans, CBS News reports. The FTC's complaint from August 2022 accused Benefytt of using aggressive marketing and deceptive websites to sell bogus policies with high monthly fees, often billing customers for additional items they never agreed to purchase. Benefytt has agreed to pay approximately $100 million for customer refunds as part of a settlement.

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FTC refunds customers for fraudulent health plans sold by Benefytt

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