Author: courtesy

DMHC fines Health Net health plan for failing to accurately pay $1.2 million in provider claims

The California Department of Managed Health Care (DMHC) has taken an enforcement action against Health Net of California, Inc. (Health Net) including a $225,000 fine for failing to properly reimburse thousands of claims to the plan’s providers. Through a routine financial examination, the DMHC found the plan failed to accurately Read More

Crypto lender BlockFi agrees to provide more than $100,000 in refunds to Californians

The Department of Financial Protection and Innovation (DFPI) announced that New Jersey-based crypto lending platform BlockFi Lending LLC (BlockFi) agreed to direct its servicer to provide Californians more than $100,000 in refunds, subject to the bankruptcy court’s approval. The refunds stem from BlockFi’s conduct following the crash of the FTX Read More

California Lieutenant Governor Eleni Kounalakis endorses Dave Min for Congress

California Lieutenant Governor Eleni Kounalakis endorsed Dave Min in his campaign for California’s 47th Congressional District, citing his strong record of support for women and girls. Min, who is endorsed by Congressional leaders Katie Porter, Judy Chu, and Grace Meng, California State Treasurer Fiona Ma, over 25 members of the Read More

Rep. Young Kim’s push to hold the People’s Republic of China accountable passes House

The House unanimously passed the PRC Is Not A Developing Country Act (H.R. 1107), a bipartisan bill led by U.S. Representatives Young Kim (CA-40) and Gerry Connolly (VA-10) to ensure the People’s Republic of China (PRC) does not get preferential treatment in any international treaties, agreements or organizations. The PRC Read More