Scam Watch: Health Insurance

The Los Angeles Times, By Stuart Pfeifer –

June 17, 2012: Several companies affiliated with a telemarketing scheme that allegedly tricked consumers into buying worthless medical discount plans have agreed to repay some victims and to stop making false representations to consumers. The Federal Trade Commission had accused the companies of targeting consumers seeking affordable health insurance and getting them to pay for discount medical plans that were not insurance. In a settlement with the FTC, Health Care One, Americans4Healthcare Inc., Elite Business Solutions Inc. and Mile High Enterprise Inc. and their principals agreed to stop the practice and to surrender proceeds from the sale of an Aston Martin, a Maserati, a yacht and two motorcycles to the government.

Source: The John & Rusty Report via Word & Brown