UnitedHealth Group was ordered to pay $100,000 after an anti-competitive practice investigation found the payer participated in anti-competitive activities associated with its elder and long-term care products, according to a Reuters report.
Here are five quick notes:
1. The New York Attorney General ordered UnitedHealth to pay the $100,000 fine as a settlement, signed late on Wednesday.
2. According to the settlement, UnitedHealth's efforts to "force nursing homes to purchase other additional unwanted insurance services."
3. UnitedHealth agreed to stop requiring nursing homes to purchase multiple insurance products in the settlement.
4. Facilities that wanted to accept UnitedHealth's Medicare Advantage or commercial plans allegedly were also forced to purchase the payer's institutional special needs plan, which disadvantaged competitors in the New York market.
5. UnitedHealth settled the case without admitting or denying wrongdoing, according to the report.