SelectQuote, Inc. (NYSE: SLQT) issued a statement on May 9, 2025, strongly disagreeing with the allegations made by the U.S. Department of Justice (DOJ) in its False Claims Act complaint. The company believes the allegations are incorrect and lack a clear understanding of the Medicare Advantage industry and its business model.
SelectQuote stated it has cooperated with the DOJ's inquiries since 2022 and firmly rejects the allegations. The company intends to vigorously defend itself against the claims, asserting its mission is to connect customers to the best insurance plans for their needs.
The company emphasized its 40-year legacy of integrity and compliance, highlighting its service to over 8 million Americans. SelectQuote expressed confidence that a positive resolution will be reached once the facts are presented.
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