Medicare Brokers Steered Retirees Into Worse Plans to Earn Higher Commissions

247wallst.com/personal-finance/2025/05/24/medicare-brokers-steered-retirees-into-worse-plans-to-earn-higher-commissions

Key Points




Insurance companies and brokers are being accused of an illegal kickback scheme.



The DOJ has filed a lawsuit claiming that large insurers paid brokerage firms to steer retirees to their Advantage plans.



The insurers and brokers deny wrongdoing, but the DOJ…

This story appeared on 247wallst.com, 2025-05-24 10:27:52.
The Entire Business World on a Single Page. Free to Use →