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Indianapolis – Facing a threat of punishment from regulators, Blue Cross of California has agreed to settle more than 70 lawsuits and claims from patients who accused the health insurer of illegally canceling their coverage after they got sick.

The settlements include undisclosed monetary awards and will allow former policyholders to pay off hefty medical bills they were stuck with.

Blue Cross, owned by WellPoint Inc., the largest U.S. health-benefits company, maintained it is following the law. It declined to comment, saying settlement talks were confidential.

At least five other health insurers face similar suits.

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