Sponsored By
An organization or individual has paid for the creation of this work but did not approve or review it.

ADVERTISEMENT

ADVERTISEMENT

BCBS of N.D. fined $30,000

BISMARCK - Insurance Commissioner Adam Hamm announced today that he has fined Blue Cross Blue Shield of North Dakota $30,000 for violations including using misleading information for marketing purposes.

BISMARCK - Insurance Commissioner Adam Hamm announced today that he has fined Blue Cross Blue Shield of North Dakota $30,000 for violations including using misleading information for marketing purposes.

The Blues failed to file its physician participation agreement with the North Dakota Insurance Department, as required by law. This resulted in a $10,000 administrative penalty, the maximum.

Also, the agreement with physicians failed to contain certain provisions required by law, resulting in a second $10,000 maximum fine.

Finally, regulators found that the North Dakota Blues misstated their administrative costs, resulting in a third maximum $10,000 fine.

The fines follow an extensive examination by Hamm's department into expenses. The Blues have agreed to correct the violations and pay the $30,000 in fines, Hamm said.

ADVERTISEMENT

The Herald and the Forum are both owned by Forum Communications Co.

Related Topics: LOCAL BUSINESS
What To Read Next
Josh Sipes was watching an in-flight movie when he became aware the flight crew were asking for help assisting a woman who was experiencing a medical problem.
Nonprofit hospitals are required to provide free or discounted care, also known as charity care; yet eligibility and application requirements vary across hospitals. Could you qualify? We found out.
Crisis pregnancy centers received almost $3 million in taxpayer funds in 2022. Soon, sharing only medically accurate information could be a prerequisite for funding.
The Grand Forks Blue Zones Project, which hopes to make Grand Forks not just a healthier city but a closer community, is hosting an event on Saturday, Jan. 21, at the Empire Arts Center from 3-5 p.m.