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Cheap health insurance can be costly

 |  By HealthLeaders Media Staff  
   May 06, 2009

As unemployment and healthcare costs continue to rise, more people are buying cheap insurance plans with often financially devastating results. In 2008, Washington state announced a $20 million settlement with several companies, saying the companies had denied legitimate claims and misled thousands of consumers. Since 2003, more than 400 people have complained to state regulators about discount health plans.

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