MN Atty Gen Sues TX Firms Peddling Bogus Coverage

[This article posted on February 10, 2010. It is posted within the following categories: Corporate, via Michael Douglas, MD, MBA.]

Fraud leading to waste and cost increases in the delivery of healthcare also has its origins in the Insurance free market.

Two Texas-based companies were sued by the state [Minnesota] Attorney General’s office Wednesday for allegedly defrauding Minnesotans who purchased so-called health discount plans from the firms.

The “discounts” were actually limited to a small number of providers, with coverage far below that which would be called comprehensive, according to the MN’s atty gen’s office. | LINK

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