Closed door session and meeting...will have to wait for the outcome...BD
California's largest health insurers, facing possible fines and other penalties for the way they sometimes cancel policies after patients pile up medical bills, meet today with regulators to discuss ongoing state enforcement efforts.
The meeting was called by the Department of Managed Health Care, which oversees health maintenance organizations and other types of health plans, because it was nearing completion of investigations into the cancellation practices of Health Net Inc., Kaiser Permanente and Blue Shield of California, said spokeswoman Lynne Randolph.
Consumer advocates said they were concerned that today's meeting would stray into the industry's proposal for rescission. That proposal, among other things, would insulate insurers from the biggest threat currently posed by rescissions: punitive damages.