Zachary Mider

1 day ago | bloomberg.com | Zeke Faux |Zachary Mider

Listen: Chasing Big Money With the Health-Care Hustlers of South FloridaA wannabe hip-hop mogul and a onetime porn-video recruiter turned Obamacare into a lucrative get-rich-quick scheme—with an assist from Bain Capital. “Hi guys, it’s Taylor Swift. Remember those stimulus checks?

3 weeks ago | news.bloomberglaw.com | Zachary Mider

Call center exaggerated low-benefit plans’ value, US says Four executives charged with wire fraud and conspiracy Quick Health, a Pennsylvania call center, was indicted along with its former chief executive and three other leaders, accused of signing up tens of thousands of customers for cheap, bare-bones health plans using “false, misleading, and deceptive sales practices.” Alan Redmond, 42, identified by prosecutors as the “de facto” boss of Quick Health, and Arthur Walsh, 65, the former...

3 weeks ago | news.bloombergtax.com | Zachary Mider

Quick Health, a Pennsylvania call center, was indicted along with its former chief executive and three other leaders, accused of signing up tens of thousands of customers for cheap, bare-bones health plans using “false, misleading, and deceptive sales practices.” Alan Redmond, 42, identified by prosecutors as the “de facto” boss of Quick Health, and Arthur Walsh, 65, the former CEO, were among those charged with wire fraud and conspiracy in an indictment unsealed in federal court in...

3 weeks ago | bloomberg.com | Zachary Mider

(Bloomberg) -- Quick Health, a Pennsylvania call center, was indicted along with its former chief executive and three other leaders, accused of signing up tens of thousands of customers for cheap, bare-bones health plans using “false, misleading, and deceptive sales practices.” Alan Redmond, 42, identified by prosecutors as the “de facto” boss of Quick Health, and Arthur Walsh, 65, the former CEO, were among those charged with wire fraud and conspiracy in an indictment unsealed in federal...

1 month ago | bloomberg.com | Zachary Mider

Hi, it’s Zach in New York. On Monday, I wrote about a new kind of skimpy health plan that some customers are calling a rip-off. More on that in a moment, but first …There’s a new kind of health plan being sold by telemarketers these days. More than 100,000 US households have been enrolled already. Here’s what’s new about these plans: When you sign up for coverage, you’re also being signed up as an “employee” of the company behind the plan.