Blue Cross Blue Shield of Texas fined $10M

The state fined Richardson-based Blue Cross Blue Shield of Texas $10 million and ordered the company to pay restitution to its customers after the company delayed payment of certain claims and marketed incorrect information regarding its health care plans. The Texas Department of Insurance issued the order on Mar. 6 after finding that BCBSTX distributed incorrect information on how to resolve out-of-network emergency care bills in explanations of benefits for many of its HMO members, and delayed…
Source: bizjournals.com Health Care:Pharmaceuticals headlines - Category: Pharmaceuticals Authors: Source Type: news