Georgia’s state insurance regulator has fined Anthem Blue Cross Blue Shield a hefty $5 million after an official investigation found that the insurer violated multiple consumer laws.
The $5 million fine is the largest Georgia’s Office of Commissioner of Insurance and Safety Fire has ever levied on an organization.
‘As Georgia’s Insurance Commissioner, my number one priority is protecting Georgia consumers,’ said Insurance and Safety Fire Commissioner John F. King in a statement.
‘To that end, after numerous complaints made to our office regarding the operations of Blue Cross Blue Shield from individuals, physicians, hospitals, and others from around the state, I instructed my staff to conduct an extensive examination into the carrier’s practices.’
At a recent press conference, King said that ever since he took his first day in office as commissioner, his agency has been ‘inundated’ with complaints about Anthem from individuals, doctors, and even hospitals.