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Article: Colorado Springs Medical Briefs: October 9, 2009
- Article from:
- Colorado Springs Business Journal
- Article date:
- October 9, 2009
- Author:
CopyrightCopyright 2009 Colorado Springs Business Journal. Provided by ProQuest LLC. (Hide copyright information)
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The state's largest health insurance company received fines
totaling $457,000 from the Colorado Division of Insurance, which
citied a variety of problems it found during routine market conduct
examinations.
United Healthcare of Colorado received $211,000 in fines and
UnitedHealthcare Insurance Co. received $246,000 in fines from the
agency.
The market conduct examinations covered calendar year 2007. The
companies were fined for:
Providing incomplete information in certificates of creditable
coverage.
Failing to pay claims timely and accurately.
Failing to comply with the requirement for physician review.
The exam showed that people who lost health care coverage in the
small group market were ...