Health Insurers Face State Fines
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Sacramento, CA — The state is fining California’s seven largest health insurers for allegedly failing to pay hospitals and physicians fairly and on time. State audits found that seven health plans weren’t meeting a legal threshold that requires them to pay 95 percent of claims correctly.
The Associated Press reports that Anthem Blue Cross and Blue Shield of California are being fined $900,000 each, United/Pacificare is being fined $800,000, HealthNet and Kaiser Foundation Health Plan are being fined $750,000 each, Cigna is being fined $450,000, and Aetna is being fined $300,000.
