Georgia Health Care Insurers Fined
Associated Press
Published: November 2, 2009
Published: November 2, 2009
ATLANTA (AP) - Georgia’s insurance commissioner signed a consent
order directing major health insurance companies to pay a combined
fine of $750,000 for delaying payments on thousands of health
claims.
United Healthcare Insurance Co. and sister companies United
Healthcare of Georgia Inc., American Medical Security Life
Insurance Co. and Golden Rule Insurance Co. will pay the fees.
Insurance Commissioner John Oxendine says Monday “it is
unfortunate that fines must be imposed to encourage compliance.“
Oxendine issued a directive in August 1999 that required all
healthcare plans licensed in Georgia to submit claims every
quarter.
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