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Violation Tracker Individual Record

Company: HealthMarkets, Inc.
Current Parent CompanyUnitedHealth Group
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Penalty: $17,100,000
Year: 2009
Date: August 31, 2009
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: HealthMarkets, Inc., and its subsidiaries, the MEGA Life and Health Insurance and Mid-West National Life Insurance, agreed to pay $13.35 million in consumer relief, $3 million in civil penalties, and $750,000 costs, in settlement of allegations they engaged in unfair and deceptive practices in marketing and administration of health plans sold to small businesses and individuals in Massachusetts.
Level of Government: state
Action Type: agency action
Agency: Massachusetts Attorney General
Civil or Criminal Case: civil
Facility State: Massachusetts
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
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.