Insurer's Bad Faith Affects Seattle Policy Holders
Approximately 73,000 policy holders in Washington, including the Seattle area, are insured with HealthMarkets which provides insurance to small businesses and the self-employed.
HealthMarkets, based out of Texas, has been accused of bad business practices following an investigation by several state insurance commissioners. HealthMarkets include subsidiaries MEGA Life and Health Insurance of Oklahoma, Mid-West National Life Insurance of Tennessee and Chesapeake Life Insurance of Oklahoma. The investigation revealed that these companies improperly denied claims, delayed refunds and misrepresented coverage.
If you are insured by any of these companies, it is very important that you contact our office or the Washington State Insurance Commissioner's Office for advice and to advise of any problems you may have had with these companies.