Pritzker Administration Fines Blue Cross Blue Shield Of Illinois $605,000 For Violation Of The Network Adequacy And Transparency Act (NATA)
CHICAGO - The Illinois Department of Insurance (IDOI) announced today a $605,000 fine for Health Care Service Corporation (HCSC), the parent company of Blue Cross Blue Shield of Illinois, for violating the Network Adequacy and Transparency Act (NATA). Health Care Service Corporation (HCSC), the parent company of Blue Cross Blue Shield of Illinois, paid the fine and agreed to take corrective action based on the exam findings. The Department will conduct follow up exams to ensure the company remains in compliance. The Market Conduct Exam Final Report can be found here . “We are committed to ensuring that Illinois consumers have access to care and receive equitable service from the health insurance companies collecting their monthly premiums,” said IDOI Director Dana Popish Severinghaus. “The law requires health insurance companies to have a provider network that meets proper time and distance standards for consumers to receive care, as well as up-to-date, accurate
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