Tag: fraud

Response to Deceptive Marketing of Limited Plans Shows States Can Take Proactive Steps to Protect Consumers

Last month the Texas Department of Insurance issued a consent order dissolving Texas-based Triada Assurance Holdings, operating under the name Salvasen Health, which marketed and sold their fixed indemnity plans to 65,000 consumers nationwide, advertising their products as comprehensive coverage. CHIR’s Madeline O’Brien looks at is Salvasen’s deceptive practices and state responses to mitigate harm to consumers.

Seeing Fraud and Misleading Marketing, States Warn Consumers About Alternative Health Insurance Products

States are warning consumers of fraud and about the inadequate nature of some insurance products being sold that masquerade as health coverage. Over the last year, we identified alerts or press releases issued by 15 states warning consumers to be on their guard against deceptive marketing pitches for these products. In their latest post for the Commonwealth Fund’s To The Point blog, CHIR experts spoke with regulators in five of these states to better understand what was behind these warnings and get insight into potential pitfalls for consumers.

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