Friday, August 19, 2011

Florida Fines Kentucky-Based Humana Inc.

  • {Kentucky}...State officials in Florida say they've fined Kentucky-based health insurance giant Humana Inc. $3.4 million for failing to promptly report Medicaid fraud or abuse. Health regulators sent two letters last week to Humana's Miramar office, saying the company didn't disclose what it knew about suspected fraud and abuse by Medicaid providers or recipients, going back as far as September 2009. It's unclear if the fine is related to an internal investigation the Kentucky-based company is making in South Florida, which the company says it has disclosed to federal prosecutors. A Humana spokesman says the company is reviewing the letters from the state and will determine its next steps after that.