Anthem Blue Cross offered *all California hospitals* a piddling $11.8 million to settle a class action lawsuit that was filed after the hospitals were left with millions in unpaid medical bills (not to mention the patients who also suffered financially, emotionally and health-wise) when Blue Cross retroactively cancelled patients' coverage, according to the
Sacramento Business Journal.
$11.8 million might sound like a lot, until you consider that the state fined the company $10 million over 1,770 rescissions made since 2004. The hospitals' suit covers a longer time frame.
...and don't forget the
$950 million in our premium dollars that the company sent *out of California* to its parent.
Labels: BlueCross, InTheNews, Rescissions
posted by Hanh Kim Quach |
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2:00 PM
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