Statement from SelectQuote, Inc. Regarding Complaint from U.S. Department of Justice

Statement from SelectQuote, Inc. Regarding Complaint from U.S. Department of Justice

Statement from SelectQuote, Inc. Regarding Complaint from U.S. Department of Justice

OVERLAND PARK, KAN. - SelectQuote, (NYSE: SLQT) (the "Company"), a leading distributor of Medicare insurance policies and owner of a rapidly-growing healthcare services platform, issued the following statement from its CEO, Tim Danker, in response to the U.S. Department of Justice's announcement that it had filed a False Claims Act complaint against the company along with three leading health insurance carriers and multiple health insurance brokers:

"Throughout the 40-year history of SelectQuote, our company has helped millions of Americans find the right coverage for their health needs. We have always been a high-integrity organization that upholds and adheres by all applicable laws, rules and regulations. We work every day to advance the best interests of our customers and help them make some of the most important decisions they can make regarding their healthcare.

We strongly disagree with the allegations made by the Department of Justice. We believe the claims are baseless and plan to defend ourselves vigorously."

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About SelectQuote:

Founded in 1985, SelectQuote (NYSE: SLQT) pioneered the model of providing unbiased comparisons from multiple, highly-rated insurance companies, allowing consumers to choose the policy and terms that best meet their unique needs. Two foundational pillars underpin SelectQuote's success: a strong force of highly-trained and skilled agents who provide a consultative needs analysis for every consumer, and proprietary technology that sources and routes high-quality leads. Today, the Company operates an ecosystem offering high touchpoints for consumers across insurance, pharmacy, and virtual care.

With an ecosystem offering engagement points for consumers across insurance, Medicare, pharmacy, and value-based care, the company now has three core business lines: SelectQuote Senior, SelectQuote Healthcare Services, and SelectQuote Life. SelectQuote Senior serves the needs of a demographic that sees around 10,000 people tu65 each day with a range of Medicare Advantage and Medicare Supplement plans. SelectQuote Healthcare Services is comprised of the SelectRx Pharmacy, a Patient-Centered Pharmacy Home™ (PCPH) accredited pharmacy, SelectPatient Management, a provider of chronic care management services, and Healthcare Select which proactively connects consumers with a wide breadth of healthcare services supporting their needs.

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