Insurance Education :: California regulators seek up to $9.9 billion in fines from PacifiCare

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Released: September 08, 2010

California regulators seek up to $9.9 billion in fines from PacifiCare

Source: Duke Helfand, Los Angeles Times (Free Registration)

California regulators are seeking fines of up to $9.9 billion from health insurer PacifiCare over allegations that it repeatedly mismanaged medical claims, lost thousands of patient documents, failed to pay doctors what they were owed and ignored calls to fix the problems.

In court filings and other documents, the California Department of Insurance says PacifiCare violated state law nearly 1 million times from 2006 to 2008 after it was purchased by UnitedHealth Group Inc., the nation’s largest health insurance company by revenue.

Read Full Article: California regulators seek up to $9.9 billion in fines from PacifiCare