Simple Health Receivership is a court-appointed receiver for multiple entities, including Simple Health Plans LLC and its subsidiaries, based in Fort Lauderdale, FL. The receiver, Michael I. Goldberg, is responsible for managing the assets and affairs of these entities, which have been accused by the Federal Trade Commission of misrepresenting their limited benefit plans and medical discount memberships as comprehensive health insurance.
Following a lawsuit filed by the FTC, the court appointed the receiver to take control of the entities' assets and determine the best course of action to maximize their value for creditors. The business operations of the receivership entities have been shut down, and periodic status reports are provided on the receiver's website to keep creditors informed of the progress of the receivership.
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