Health insurers mum on practices

• Date: December 10, 2009
• Source: www.boston.com

Senior officials from some of the big companies in the insurance sector are testifying in front of the Department of Insurance. This is an ongoing month long probe by state regulators after they observed disproportionately high rates of insurance paid by small businesses. Well most of the questions were skirted around by the officials citing confidentiality contracts signed with the clients. But state regulators are strong on receiving an explaination which they say will not be made public as is but a summary would be released after the completion of the probe.