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Violation Tracker Individual Record

Company: Healthy Alliance Life Insurance Co.
Current Parent Company: Elevance Health
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Recap of Ownership Changes:  subscribe to see this data field
Penalty: $7,800,000
Year: 2014
Date: August 1, 2014
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: Healthy Alliance agreed to set up a $7.8 million fund for payment of refunds in settlement of allegations it converted subscribers to a health benefit plan without informing them that cheaper equivalent options were available from the company.
Level of Government: state
Action Type: agency action
Agency: Missouri Department of Insurance
Civil or Criminal Case: civil
Facility State: Missouri
HQ Country of Current Parent: USA
HQ State of Current Parent: Indiana
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: healthcare services
Specific Industry of Current Parent: insurance; managed care
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.