Its headquarters in Los Angeles approved the Federal Trade Committee for $ 45 million to settle allegations that it represents itself fraudulently as a mediator for government health care plans.
Mediaalpha claimed mediator plans on web sites such as Governmentheinsrance.com and the delivery epic It was reported by the Hughes Watch, a court.
“Instead, after harvesting personal information and communicating with consumers, the defendants are at an auction to the market by phone and other major generators,” the complaint continues.
“As a result of this misconduct, people who seek medical treatment learn that they do not have coverage of the care they need,” the federal complaint also clarified. “Other consumers learn to deceive at a later time when they face a large unexpected medical cost.”
As a result, Mediaalpha had to convert these sites to FTC.
“Mediaalpha is also prevented from distorting that the products that they are marketing belonging to programs are not present from the government or provide benefits that are not verified by Mediaalpha,” FTC said on its website.
The company denied the allegations in A statement posted on its website.
“We are pleased to put this behind us,” the statement said. “Mediaalpha has always adhered to transparency and compliance, and we share the FTC goal of preventing misuse of our health markets under 65 by third parties. As part of this settlement, we have agreed to increase the promotion of the leading compliance operations in the industry without 65.”
Now, the company can return to its basic principle It is included on its website.
“Mediaalpha was founded on a simple hypothesis: Be transparent and people will reward you with their trust.”