They are paying $14.2 million in outstanding medical bills, 7.2 million worth of premium charges to be waived, and over 3 million for the fine. Why does it have to get to this point? Over 900 people were dropped from coverage, dating back to 2004, perhaps a small settlement, but I'm sure the folks would have much rather had their claims paid and keep on the insurance rolls. Why do we not trust insurance companies? Blue Cross had recently settled a number of cases with a fairly large dollar amount as well.
In the news recently there have been a number of articles written talking about insurance not being enough as the premiums continue to go up and the affordable coverage deductibles go up as the money is just not there. BD
LOS ANGELES (AP) - 1 of California's largest health care insurers has reached a $25 million agreement with regulators over dropping coverage for nearly a thousand patients when they tried to make use of their policies.
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