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Violation Tracker Individual Record

Company: Health Plan Intermediaries Holdings, LLC
Penalty: $2,000,000
Year: 2021
Date: August 19, 2021
Offense Group: consumer-protection-related offenses
Primary Offense: insurance violation
Violation Description: Health Plan Intermediaries agreed to pay $2 million to resolve allegations it and its agents knowingly sold insurance policies that were misrepresented as Affordable Care Act compliant, and illegally increased in price to cover broker and other fees.
Level of Government: state
Action Type: agency action
Agency: California Department of Insurance
Civil or Criminal Case: civil
Facility State: California
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.