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Chicago-based Oak Street Health to pay $60M to settle kickback allegations

Chicago-based Oak Street Health has agreed to pay $60 million to settle allegations that it paid kickbacks to insurance agents in exchange for their help recruiting patients.
The U.S. government alleged that from 2020 to 2022, Oak Street had a program under which third-party insurance agents contacted seniors to market Oak Street to them. Agents would then refer interested seniors to an Oak Street employee through a three-way phone call. Oak Street would then typically pay the agents $200 per beneficiary they referred.

 

Tupperware lifts the lid on its financial problems with bankruptcy filing

NEW YORK — The company behind Tupperware, the plastic kitchenware that revolutionized food storage after World War II and became inextricably linked to the parties where women seeking a measure of financial independence and fun in midcentury America sold the colorful products, has filed for bankruptcy.
Tupperware Brands, the Orlando, Florida-based consumer goods company that produces the iconic line of containers, said it was seeking Chapter 11 bankruptcy protection after struggling to revitalize its core business and failing to secure a tenable takeover offer.

 

Fed Cuts Interest Rates 0.50% to Head Off Risk of Rising Unemployment

With two more cuts penciled in by the end of the year, we may finally get some relief from high interest rates.

 

Charge All the Things for Just $20 With This 65W 4-Port Charger

Charge up to four devices at any one time and pay just $20 for the privilege with this deal.

 

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