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Violation Tracker Individual Record

Company: Oxford Health Insurance Inc.
Current Parent Company: UnitedHealth Group
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $50,000,000
Year: 2008
Date: May 30, 2008
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: Oxford Health Insurance Inc., a unit of UnitedHealth Group, agreed to refund $50 million to about 37,000 small businesses in New York for overcharging on health insurance policies in 2006.
Level of Government: state
Action Type: agency action
Agency: New York Department of Financial Services
Civil or Criminal Case: civil
Facility State: New York
HQ Country of Current Parent: USA
HQ State of Current Parent: Minnesota
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: Oxford Health Ordered to Refund $50 Million to Small Businesses in New York, Bestwire, May 30, 2008 (via Nexis).
Notes: At the time of this case the agency was known as the New York Insurance Department.
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.