In more Anthem Blue Cross News, California State Insurance Commissioner Steve Poizner just announced that Anthem Blue Cross violated state law more than 700 times over a three-year period by failing to pay medical claims on time and misrepresenting policy provisions to customers.
Each violation carries with it a maximum fine of $10,000 so, so Anthem Blue Cross could could face fines of up to $7 million. In addition, Steve Poizner said that the insurer repeatedly failed to respond to state regulators in a timely fashion during the insurance commission’s investigation. Ironically, many of the reported violations involve failing to pay patient claims within the 30 days required by state law.
As would be expected, Anthem’s parent company, WellPoint Inc., has delivered a statement saying that it will cooperate fully with Poizner to resolve the matter “in the best interests” of its policyholders.
We’re still staying tuned to see where this train wreck ends up…
To contact the California Department of Insurance, visit the CDI website at Insurance.CA.gov.
For a copy of the California Department of Insurance press release, visit the CDI at: CDI Press Release on Anthem Blue Cross Insurance Violations.
For related information, visit us at MyHealthCafe.com at:
- Anthem Blue Cross Update: Health Insurance Increases Delayed Until at Least May 1
- Everyone in the Pool: Congress Launches Investigation into Anthem Blue Cross Health Insurance Rate Increases
- Update: Department of Health and Human Services Inquiry on Anthem Blue Cross Rate Hikes
- Link of the Day: Petition Anthem Blue Cross for an Explanation!
- Anthem Blue Cross Hikes Health Insurance Rates Up to 39%