Multistate Market Conduct Investigation
The Missouri Department of Insurance reached a settlement with Humana involving a multistate market conduct investigation of the company. The investigation found Humana was improperly requiring some employers who purchased small group medical insurance to also purchase group life insurance. Humana agreed to pay $1.8 million in fines to be divided among 10 states and establish a $2.7 million consumer restitution pool.
- Misconduct Type
- Consumer Affairs
- Enforcement Agency
- Contracting Party
- Court Type
- Date of Settlement Announcement