States Go After Health Market’s Mega Life, Mid-West Life and Chesapeake Life for Unfair Practices
The multi-state HealthMarkets settlement was announced in July 2008 in which the company and its affiliated companies, MEGA Life and Health Insurance Company, Mid-West National Life Insurance Company and Chesapeake Life Insurance Company agreed to pay $20 million for bad faith practices across the nation. So, how did the states share in the $20 million?
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