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SelectQuote is a direct-to-consumer distribution platform for selling insurance policies and healthcare services. Their insurance business earns commissions by connecting consumers with insurance carriers that provide senior health, life, automobile, and home insurance. The healthcare services business mainly consists of SelectRx, an accredited pharmacy. The company went public on May 21, 2020.


History

In May 2021, the company announced its foray into healthcare services via a new company named Population Health. The company aimed to capture the approximately $125bn in unnecessary healthcare costs by helping prevent the approximately 1.5mm preventable medication-related adverse effects. In 2025, the
United States Department of Justice The United States Department of Justice (DOJ), also known as the Justice Department, is a United States federal executive departments, federal executive department of the U.S. government that oversees the domestic enforcement of Law of the Unite ...
filed a lawsuit alleging that SelectQuote, along with other insurance brokers and insurance companies, participated in a kick-back scheme that violated the
False Claims Act False or falsehood may refer to: * False (logic), the negation of truth in classical logic * Lie or falsehood, a type of deception in the form of an untruthful statement * False statement, aka a falsehood, falsity, misstatement or untruth, is a st ...
and potentially defrauded Medicare.


References

Health insurance in the United States Online marketplaces of the United States Health insurance marketplaces {{US-company-stub