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  Article

Commissioner Stewart Fines Highmark BCBSD and Aetna $483,000

Date Posted: Monday, January 11th, 2016
Categories:  Insurance Commissioner News

 DOVER, DE – Insurance Commissioner Karen Weldin Stewart today announced she has fined Highmark Blue Cross Blue Shield Delaware $383,000 for numerous violations, including failure to pay policyholder claims in a timely fashion.

Commissioner Stewart has also fined Aetna, Inc. $100,000 for failing to pay policyholder claims in a timely fashion and for charging excessive copays, among other violations.

The fines resulted from routine market conduct examinations of each insurer performed by Insurance Department examiners.

A copy of the Stipulation and Consent Order and the Market Conduct Exam Report for each matter may be found at

http://delawareinsurance.gov/

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