Category: Orange County News

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