PacifiCare Life and Health Insurance Co. sued California Insurance Commissioner on Thursday over his decision to impose a $173.6 million fine on the company for alleged mishandled claims and underpayments to doctors following its merger with UnitedHealthcare in 2006. Most of the problems were self-identified and administrative in nature, according to PacifiCare. All have been resolved. The commissioner’s June 9 decision to impose the fine ignores an administrative law judge’s finding in August…
Reported by bizjournals 7 hours ago.
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