On May 1, 2025, the U.S. Department of Justice (DOJ) filed a civil complaint against SelectQuote, Inc. (NYSE: SLQT), alleging violations of the False Claims Act. The complaint pertains to historical Medicare Advantage marketing arrangements.
The DOJ alleges that from 2016 through at least 2021, SelectQuote received illegal kickbacks from health insurance companies. These kickbacks were allegedly in exchange for steering Medicare beneficiaries into specific Medicare Advantage plans.
The complaint further claims that SelectQuote engaged in a conspiracy with major insurers to discriminate against less profitable beneficiaries, including those with disabilities. The DOJ asserts that SelectQuote's claims of offering unbiased coverage comparisons were materially false.
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