WKYT | Lexington, Kentucky | Weather Forecast & Radar

Ky. insurance officials fine Humana over letter

The letters were sent in August to about 6,500 people and said policyholders had 30 days to renew their plans for 2014 or they would have to choose a more expensive option that complies with the Affordable Care Act.

MGN Online

FRANKFORT, Ky. (AP) - Officials with the state Department of Insurance have fined Humana Inc. after investigating complaints about letters sent by the company to policyholders about their options under the Affordable Care Act.

The Courier-Journal (http://cjky.it/1eGxo7K ) reports regulators called the letter "misleading" and have fined the company $65,430.

The letters were sent in August to about 6,500 people and said policyholders had 30 days to renew their plans for 2014 or they would have to choose a more expensive option that complies with the Affordable Care Act.

Insurance regulators said the letters didn't make it clear that policyholders could wait and compare plans that will be offered on the state's health insurance exchanges beginning on Oct. 1.

Humana spokeswoman Kate Marx said the company is working with state regulators and does not intend to appeal.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus

WKYT

2851 Winchester Rd. Lexington, Ky 40509 859-299-0411 - switchboard 859-299-2727 - newsroom
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 225174292 - wkyt.com/a?a=225174292