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UnitedHealthcare subsidiaries to pay $800K in fines
UnitedHealthcare subsidiaries have agreed to pay almost $800,000 in fines to settle allegations by the North Carolina Department of Insurance that they'd violated state law regarding claims payment and other issues. This is the second time UnitedHealthcare has settled with the state in the past five years, having paid $2.2 million in 2004 to settle with regulators over problems with claims processing.
The 2004 settlement led to a broader investigation and agreement with regulators in 39 states and the District of Columbia, all of whom settled with UnitedHealthcare earlier this year. In the larger settlement, UnitedHealthcare resolved concerns noted by state regulators in several areas, including claims processing, settlement and payment; coordination of benefits; appeals, grievances and complain resolution; explanation of benefits and provider networks.
To learn more about the settlement:
- read this N.C. Department of Insurance press release
Related Articles:
UnitedHealth settles securities suit for $895M
United Healthcare to pay $12M to settle complaints
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