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Insurance regulators fine Moda Health for claims issues

The Oregon Department of Consumer and Business Services dinged Moda Health Plan Inc. for incorrect processing of claims and ordered it to pay $200,000 in civil penalties. DCBS Director Cameron Smith suspended the collection of $100,000 of the penal.....»»

Category: topSource: bizjournalsOct 9th, 2019

Wells Fargo faces $1-bn fine from regulators for auto, mortgage loan issues

(Reuters) - Wells Fargo & Co has been offered a penalty of $1 billion by regulators to resolve outstanding investigations related to auto insurance and mortgage lending abuses, the third-largest U.S. bank by assets said on Friday......»»

Category: topSource: business-standardApr 13th, 2018

Growing competition creates ways Minnesota employers can control healthcare costs

New health insurance choices give Minnesota companies opportunities to manage risk, reduce costs, and control claims. “The market is opening up for creative solutions,” said Erik Hinz, a Minneapolis-based Sales Executive for The Horton Group, an.....»»

Category: topSource: bizjournalsOct 14th, 2019

American workers say jobs should do more to help them cope with mental health issues like depression and stress

Hero Images / Getty Images Half of US workers don't have mental health insurance, according to a new survey from the HR company Paychex. Paychex surveyed active employees and .....»»

Category: topSource: businessinsiderOct 10th, 2019

GM reverses, will pay for striking union workers" health insurance; major issues remain

General Motors Co said on Thursday it will pay for the health insurance of its striking hourly workers, reversing a decision to push the costs onto the United Auto Workers union as officials on both sides said major issues remain to be resolved......»»

Category: topSource: reutersSep 26th, 2019

Facebook users care less about privacy than regulators

Facebook Inc is preparing for a record-setting fine from U.S. regulators over privacy issues, but Wall Street shrugged at the looming penalty after the company added users and trounced profit expectations for the first quarter......»»

Category: topSource: reutersApr 25th, 2019

Retail clinic usage higher in NY than other states

New York had the second-highest percentage of insurance claims for retail clinics nationwide, according to a new white paper from the nonprofit Fair Health. The state was behind only... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 7th, 2019

Maryland insurance regulators meet to look at "Healthy Holly" deals

Top officials in the Maryland Insurance Administration will meet Tuesday to discuss whether two health insurers violated any state regulations in purchasing, or distributing funds used to purchase thousands of copies of Mayor Catherine Pugh's "Heal.....»»

Category: topSource: bizjournalsApr 2nd, 2019

Health Insurance CEO says multi-state regulatory review found no issues

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 22nd, 2019

Cantor calls Aurelius claims against Health Insurance Innovations "unfounded"

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 20th, 2019

FTC contradicts Health Insurance Innovations claims, Aurelius Value says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 20th, 2019

Wells Fargo hit with record $1 billion fine

Wells Fargo agreed Friday to pay a record fine of $1 billion imposed by two U.S. regulators for abuses tied to auto insurance and home mortgages......»»

Category: videoSource: reutersApr 20th, 2018

Wells Fargo faces $1 billion fine from loan abuses

(Reuters) - Two U.S. regulators have proposed Wells Fargo & Co pay $1 billion in penalties to resolve probes into auto insurance and mortgage lending abuses at the third largest U.S. bank, overshadowing its first quarter results......»»

Category: topSource: reutersApr 13th, 2018

Wells Fargo faces $1 billion fine to settle loan abuses

Regulators have offered Wells Fargo & Co a penalty of $1 billion to resolve outstanding investigations related to auto insurance and mortgage lending abuses, the third-largest U.S. bank by assets said in its first quarter results on Friday......»»

Category: topSource: moneycentralApr 13th, 2018

Wells Fargo faces $1 billion fine to settle loan abuses

(Reuters) - Regulators have offered Wells Fargo & Co a penalty of $1 billion to resolve outstanding investigations related to auto insurance and mortgage lending abuses, the third-largest U.S. bank by assets said in its first quarter results on Friday......»»

Category: topSource: reutersApr 13th, 2018

Insurers can deny health insurance claims in case of incorrect disclosure

If you contract a disease few years after buying the policy, it is not mandatory to disclose it. But, if you want to increase the sum assured, then premiums could go up sharply.....»»

Category: topSource: business-standardMay 1st, 2018

Oregon consumer group takes Providence Health Plan to task for rate request

The consumer advocacy organization OSPIRG is urging Oregon insurance regulators to closely scrutinize Providence Health Plan’s proposed premium hike for next year, as it may overstate costs and overcharge consumers. Providence proposed an average ra.....»»

Category: topSource: bizjournalsJun 27th, 2018

Oscar Health scores funds from Alphabet, readies insurance for seniors

Oscar Health, known for processing insurance claims, is ready to expand into more cities thanks to a financial boost from Google. The New York-based startup, formed on the heels of the Affordable Care Act, received a $375 million investment from Alphabe.....»»

Category: topSource: bizjournalsAug 15th, 2018

State takes over failing insurer after California wildfire

California regulators moved Friday to take over an insurance company that can't pay out all claims following a massive wildfire that destroyed more than 13,000 homes......»»

Category: topSource: foxnewsNov 30th, 2018

Why Health Insurance Innovations Soared Today

The health insurance platform company struck a deal with state regulators that pleased investors......»»

Category: topSource: foxnewsDec 13th, 2018

Federal shutdown cancels conference aimed at health care cooperation

A conference aimed at bringing together regulators, companies and academics to tackle knotty issues slowing the approval of drugs, medical devices and diagnostics has been cancelled due to the federal government shutdown. Organizers vow that the conf.....»»

Category: topSource: bizjournalsJan 6th, 2019