December 31, 2008

Insurer hit with BIG fine

Category: Uncategorized — admin @ 9:57 am

PacifiCare Life Assurance Company’s wallet is a bit lighter this week.  It seems the insurance company did not look into claims properly before slapping that big red DENIED stamp on the file.  Not only did PacificCare have to pay a fine of $46,000 . . . they had to go back over 10,000 claims.


4,928 of the denied claims were actually legit and will be paid.

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