Delaware News


Commissioner Stewart Fines Highmark BCBSD and Aetna $483,000

Insurance Commissioner | News | Date Posted: Monday, January 11, 2016


Picture of the Seal of the Delaware State Insurance Commissioner

 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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Commissioner Stewart Fines Highmark BCBSD and Aetna $483,000

Insurance Commissioner | News | Date Posted: Monday, January 11, 2016


Picture of the Seal of the Delaware State Insurance Commissioner

 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/

###

image_printPrint

Related Topics:  , ,


Graphic that represents delaware news on a mobile phone

Keep up to date by receiving a daily digest email, around noon, of current news release posts from state agencies on news.delaware.gov.

Here you can subscribe to future news updates.