New York fines 20 insurers for prompt-pay violations
NEWS IN BRIEF — Posted Sept. 6, 2010
The New York State Insurance Dept. fined 20 health insurance companies a combined $716,800 for prompt-pay violations based on complaints filed between Oct. 1, 2008, and Sept. 30, 2009.
The largest fines were levied against UnitedHealth Group subsidiaries Oxford and United Healthcare, which were ordered to pay a total of $190,750. Affinity Health Plan was fined $154,000, EmblemHealth subsidiaries GHI and HIP Health Plan of New York were fined a combined $123,000, and Cignawas fined $57,750. The plans did not admit guilt.
Insurers have paid $9.1 million in fines for prompt-pay violations since the law took effect in 1998, according to the department.
Note: This item originally appeared at http://www.ama-assn.org/amednews/2010/09/06/bibf0906.htm.