Private Health Insurance: Employers and Individuals Are Vulnerable to Unauthorized or Bogus Entities Selling Coverage
- Topics:
- Insurance
- Tags:
- Benefits,
- Insurance,
- Human Resources,
- Healthcare,
- Health Insurance,
- Health Care,
- General Accounting Office,
- Financial Planning,
- Finance,
- Entity,
- ...
- Source:
- U.S. General Accounting Office
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Overview: Health insurance premiums have increased at double-digit rates over the past few years. While searching for affordable options, some employers and individuals have purchased coverage from certain entities that are not authorized by state insurance departments to sell this coverage. In this report, GAO analyzes information on these entities obtained from the Department of Labor (DOL) and from a survey of the 50 states and the District of Columbia. GAO also interviewed officials at DOL headquarters, at three regional offices, and at state insurance departments responsible for investigating these entities in four states - Colorado, Florida, Georgia, and Texas.
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Format: PDF | Size: 949KB | Date: Feb 2004 | Pages: 54
