UnitedHealth Pays $250K Penalty in Vermont

UnitedHealth Insurance paid a $250,000 penalty in Vermont last month to resolve administrative charges.

The Vermont Department of Banking, Insurance, Securities & Health Care Administration imposed the penalty on UnitedHealth as part of a negotiated resolution of administrative charges that alleged improper advertising practices by the insurer. Regulators said that the insurer failed to file advertising materials referencing Medicare Supplemental coverage with the commissioner for approval as required by Vermont law.