HERE is a very informative article from "The Health Care Blog" to first connect the dots -
AHIP, Goldman Sachs, Credit Suisse and BlackStone - the comments are very helpful too.
Just announced on 10/21/2010 - "Mega and Mid-West are alleged to have engaged in a massive scheme to defraud consumers through the sale of "junk insurance" -- insurance products that are represented to be comprehensive but include exclusions and limitations that are obscured from consumers and result in inadequate coverage."
More:
here
here
here
here
here
here
here
here
here
here and here.
MEGA/NASE and Midwest/Alliance were each fined $75,000 a couple years ago by the Colorado division of insurance for misleading consumers about their health coverage, among other sales violations. Read more about that here.
No comments:
Post a Comment