PacifiCare Blocked from Paying $120 Million in Dividends
According to press reports, state insurance officials in September characterized PacifiCare's activities as "intense corporate greed."
PacifiCare and UnitedHealth Group have denied the accusations, and say the issues involve administrative errors that caused little if any harm. PacifiCare has one million California customers. PacifiCare gave legal notice last week that it intends to pay the $120 million to two subsidiaries of UnitedHealth.
Cheryl Clark is senior quality editor and California correspondent for HealthLeaders Media. She is a member of the Association of Health Care Journalists.
- Half of All Primary Care, Internal Medicine Jobs Unfilled in 2013
- How Digital Strategy Shapes Patient Engagement at Boston Children's Hospital
- CFO Exchange: Smartphones Poised to Disrupt Healthcare, Says Topol
- CNO on Hospital Redesign: 'You Can't Over-Communicate'
- Carondelet to Pay $35M to Settle Fraud Allegations
- Some Cancer Hospitals' Quality Data Will Soon Be Public
- PA Ranks See 'Phenomenal Growth,' Lack of Diversity
- CA Powers Up $80M HIE to 'Create Value in the Data'
- Consumerism Drives Healthcare Branding, Rebranding Efforts
- 3 Traits Personality Assessments Can't Reveal