Is this Legal? Giving Out Cash Prizes to Sign Up?

Cash prizes for signing up for Obamacare? - MarketWatch

This just doesn't seem legal to me...

"Young Invincibles , a nonprofit organization based in Washington, D.C. that is focused on the economic issues affecting young adults, launched a sweepstakes last week where it is awarding a cash prize of $1,200 — enough to potentially cover a year’s worth of health insurance premiums for a young adult — to people who download their health care app or submit a card in the mail. The contest runs through the fall, but by launching it now, organizers hope young people who download the app can use it to learn more about whether they qualify for financial assistance and where they should go to sign up. “This last month is going to be a huge push for educating young adults,” says Jen Mishory, deputy director for Young Invincibles."
 
Not licensed brokers, not carriers, not GA's, so no rebating rules.

As a sweeps, keep in mind, only one person is the lucky winner of 1/5th their deductible.
 
It's official obama administration has now broken every rule in selling insurance. Non lisenced individuals signing up and making recomendation to clients, paying money to people to sign up. It's the wild Wild West, no rules just BS
 
Back
Top