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Showing posts from October, 2010

LA City Attorney Sues HealthMarkets

The Los Angeles City Attorney's Office has filed a lawsuit against HealthMarkets, Mega Life & Health, Midwest National and has included Goldman Sachs and Blackstone Group.

The lawsuit alleges, amongst other things, deceptive sales practices, inadequate insurance coverage and intentionally misleading marketing practices.

Read the story here

California Exchange Bills Signed Into Law

The Governor signed both health insurance exchange bills into law yesterday in California.

AB 1602 and SB 900 (companion bills) were signed yesterday, paving the way for the creation of the California Health Insurance Exchange.

I will update as the process moves forward with information on the exchange, how it will work, when it might be operational and so on.