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State Regulators Fine Blue Cross for Canceling Policies
West News March 26, 2007
State regulators fined California's largest health insurance provider $1 million for violating state law, saying an investigation found that the company systematically dropped policyholders after ...
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| Subject | Posted By | Posted On |
|---|---|---|
| RE: Twenty Two Cents per Person = $1M fine | ken | Mar 30, 2007, 10:37 pm |
| $8M Fine | ken | Mar 30, 2007, 6:06 pm |
| RE: Fine Above $8M coming | terence | Mar 30, 2007, 2:03 pm |
| Fine Above $8M coming | ken | Mar 29, 2007, 7:19 pm |
| Blue Cross | ken | Mar 29, 2007, 6:56 pm |
| IMPROPER rescission--an example | Klapper | Mar 29, 2007, 11:41 am |
| GOOD & SOLID rescission ? | klapper | Mar 29, 2007, 10:40 am |
| Blue Cross fine--will it exceed $2.3 ? | terence | Mar 29, 2007, 10:16 am |
| RE: Blue Cross and the Dept of Insurance. | ken | Mar 29, 2007, 12:46 am |
| Blue Cross and the Dept of Insurance. | Terence | Mar 26, 2007, 10:15 pm |
| RE: Anthem and Blue Cross the Same ? | Terence | Mar 26, 2007, 10:07 pm |
| Anthem and Blue Cross the Same ? | mv | Mar 26, 2007, 3:47 pm |
| Back to article | ||


Subject: RE: Blue Cross and the Dept of Insurance.
Interesting. The CA Insurance Commission (Garemendi) fought the Blue Cross - Anthem Merger. They were afraid that less competition would foster greed and corruption. They were right, but no fines yet.
On the other hand the CA DMHC who fined Blue Cross $1M was for the merger. On their website they did "not hold back" with their survey (see website) by stating they broke state law in ALL 90 random cases. Maybe they feel guilty?
Ken