FTC moves to shut down health insurance fraud scheme

Jakob Emerson / beckershospitalreview - A federal court has temporarily halted a Florida-based operation that the Federal Trade Commission alleges collected more than $91 million by deceiving consumers into purchasing fake health insurance coverage. The FTC filed its complaint April 7 in the U.…

AI Summary: The Federal Trade Commission filed suit seeking to halt a telemarketing operation accused of selling bogus PPO insurance plans. The action alleges deceptive practices that harmed consumers and triggered enforcement to freeze assets and shut down the scheme, demonstrating regulators still have a pulse when fraudsters find creative ways to sell imaginary “coverage.”