Humana was fined more than $65,000 in Kentucky for this - TopicsExpress



          

Humana was fined more than $65,000 in Kentucky for this scam. In Kentucky, state insurance regulators went after Humana for the scheme. In that state, Humana was one of the worst of these private insurance companies, guilty of exploiting people’s fears over Obamacare. The company sent out thousands of letters to their Kentucky customers telling them their policies were canceled and that they had only a short window of time to buy into new (expensive) policies. The letter also told them that their premiums would go up once Obamacare went into effect. In all, 2,200 people fell for the scam, rushing to buy the marked up policies that the company was selling. The policies were sold at a much higher cost than what is offered in the ACA Marketplace. Humana was fined more than $65,000 for the scam. The 2,200 customers who signed up to buy the more expensive policies were released from their contract with the company. addictinginfo.org/2013/11/05/insurance-companies-obamacare-scam/
Posted on: Sat, 09 Nov 2013 15:00:31 +0000

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