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Axos Bank says it lost the money when an OptumInsight employee set up a scheme based on fraudulent accounts receivable.

U.S. employers may have been a little more likely to use self-insured health plans in 2024 and a lot more likely to use stop-loss insurance to protect whatever self-insured plans they offered.

The lawsuit, filed earlier in August in a U.S. District Court in Arizona, claims that Radiology Partners has used arbitration as a “vehicle to obtain a windfall for its private equity investors."

The two firms failed to disclose conflicts in connection with their managed account programs, the SEC says.

Bill Cassidy, a Republican, cited "serious allegations" about the panel's legitimacy. The turmoil comes as funding fights loom.

Lawmakers want the supplemental benefits company to provide answers by Sept. 5.