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Managed Health, Inc. Fined One Million Dollars

From the New York State Insurance Department's website April 29:

Managed Health, Inc. (MHI), a health maintenance organization (HMO), and the New York State Insurance Department have agreed to a settlement, including a fine of $1 million, for infractions relating to MHI’s failure to properly license its sales agents in regard to its Medicare Advantage business and to timely adjudicate and pay claims related to its commercial policies, Insurance Superintendent James J. Wrynn announced today.

The Department's press release details the additional violations and includes a link to the settlement agreement.

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