Florida Insurance Firms to Pay Over $160 Million for ACA Enrollment Fraud
AP of South Florida, LLC, a Florida insurance broker, has pled guilty to participating in a fraudulent scheme that enrolled thousands of vulnerable Americans into fully subsidized Affordable Care Act (ACA) plans they did not qualify for. The federal government paid out about $141.5 million in improper subsidies as a result of this scheme. This misconduct disproportionately affected low-income and vulnerable individuals, undermining the integrity of federal health insurance programs. In parallel, AssuredPartners, Inc., the former parent company of AP of South Florida, agreed to pay $135 million to settle civil claims that it submitted false information to secure these... [Continue Reading]
360LiveNews | 08 Apr 2026 05:12
