Health Net to reinstate 926 dropped policyholders in California
Friday, September 12, 2008 - 02:28
in Mathematics & Economics
Under an agreement with the state, the company also will pay $3.6 million in penalties and as much as $14 million in medical reimbursements it had earlier denied. It does not admit wrongdoing. In a continuing state crackdown on health insurers, Health Net Inc. of Woodland Hills has agreed to offer new coverage -- no questions asked -- to 926 people whose policies it canceled after they got sick.