State regulators today demanded that health insurers submit revised April 1 premium rates for tens of thousands of individuals and small businesses by 3 p.m. Thursday or face stiff fines.
The fines could run to as much as $5,000 a day per carrier, plus $1,000 for each consumer who is unable to buy coverage, according to a letter sent by Insurance Commissioner Joseph G. Murphy this afternoon to Massachusetts insurers.
LIVE 7 Days a Week!
Mon-Sun: 7pm-10pm Eastern
Enjoy the new site and thanks for submitting your content!