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Health Insurance Innovations severs ties with insurance distributor after FTC complaint

Published 11/02/2018, 04:34 PM
© Reuters.  Health Insurance Innovations severs ties with insurance distributor after FTC complaint
  • Health Insurance Innovations (NASDAQ:HIIQ) has terminated its relationship with independent insurance distributor Health Benefits One, LLC after learning of an FTC action against it. Health Benefits markets and sells insurance policies from a range of carriers, including some who sell through HIIQ's platform.
  • The company says the action will not affect its recently issued guidance.
  • Shares are down 1% after hours.


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