Benefytt and Assurance IQ agreed to a $13.5 million class action lawsuit settlement to resolve claims that it misrepresented its short-term medical insurance plans as “comprehensive.”
According to the class action lawsuit, Benefytt, American National Benefits Group, Assurance and Priority Insurance misrepresented their limited benefit indemnity plans and short-term medical plans as comprehensive health insurance. Plaintiffs in the case say these misrepresentations violated the Racketeer Influenced and Corrupt Organizations Act (RICO).
The Federal Trade Commission ordered Benefytt, a “health insurance” provider, to pay $100 million for allegedly misrepresenting its plans. The company has since been restructured through Chapter 11 bankruptcy.
The defendants haven’t admitted any wrongdoing but agreed to pay $13.5 million to resolve the RICO class action lawsuit.
Benefytt, Assurance Insurance Class Action Lawsuit
- Who’s Eligible:
- Individuals who purchased one or more limited benefit indemnity plans and/or short-term medical plans from Benefytt or through American National, Assurance or Priority Insurance between May 5, 2016, and Dec. 1, 2023, and who paid fees and/or premiums that were not completely refunded or recovered through a chargeback.
- There is also a Medical Expense Subclass that includes anyone who meets the class definition and incurred uncovered medical expenses.
- Estimated Amount: Varies
- Proof of Purchase:
- No proof of medical expenses is required to file a claim.
- Claim Form Deadline: 04/15/2024
- Case Name & Number:
- Griffin, et al. v. Benefytt Technologies Inc., et al., Case No. 0:20-cv-62371-AHS, in the U.S. District Court for the Southern District of Florida
- How to file a claim:
- Head over to the Claim Form.
- Read over the claim form to see if you are eligible.
- Complete the claim form with your info.
- Submit your claim form to receive your potential award!
(Click here to file a claim)
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Bottom Line
Don’t forget to take a look at our full list of Class Action Lawsuit Settlements! Be sure to give our list of No-Proof Class Action lawsuit to see other settlements you may qualify for.
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