Sunday
September
21
2014
5:17 pm
Weather

  Home
  Local News
  State / National / World
  Sports
  Opinion / Letters
  Business
  Arts / Entertainment
  Lifestyle
  Obituaries
  Calendar
  Submit Event
  Comics / Games
  Classifieds
  DJ Designers
  Archives
  Advertise With Us
  About Us
 
 
 
 

Check out our archive of Dining Guides - Yum!

UnitedHealth Group sues California over fine
July 12, 2014, 05:00 AM The Associated Press

SANTA ANA — UnitedHealth Group has sued California’s insurance commissioner to block a $173.6 million fine the insurer incurred for violations during a botched acquisition.

The Los Angeles Times reports the lawsuit filed Thursday in Orange County Superior Court accuses Commissioner Dave Jones of setting a dangerous precedent by seeking such stiff punishment for relatively minor violations.

Insurance regulators said UnitedHealth committed more than 900,000 violations after the takeover.

UnitedHealth has acknowledged its 2005 takeover of PacifiCare didn’t go as planned. The company admits numerous mistakes in processing medical claims and customer applications.

In its decision, the insurance department said its proposed fine “appropriately reflects the gravity” of the offenses.

An insurance department spokesman said Thursday the agency hadn’t had time to fully review the lawsuit.

 

 

Tags: insurance, violations, unitedhealth,


Other stories from today:

Downside of low U.S. mortgage rates? Less selling
Stocks stabilize to end down week
UnitedHealth Group sues California over fine
 

 
Print this Page Print this Page  |  Bookmark and Share
<< Back
 
Return To Archives
 
  


 
 
 
Daily Journal Quick Poll
 
What do you think of Larry Ellison stepping down as CEO of Oracle?

It will still be his company
Time to pass the baton
It will give him more time for other pursuits
Don't care

 

 
 
 
 
 
 
 
  
 
  
 
©2014 San Mateo Daily Journal
San Mateo County notice of bulk sale