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Insurers probed for compliance with new law. (Arizona Dept. of Insurance investigates insurance companies)

The Business Journal - Serving Phoenix & the Valley of the Sun

| April 01, 1994 | Gonzales, Angela | COPYRIGHT 1989 Phoenix Business Journal, Inc. (Hide copyright information)Copyright

Several insurance companies are being investigated by the Arizona Department of Insurance, officials say, because they have not filed the necessary information to qualify as an accountable health plan under new state law.

Any insurance company wanting to provide health insurance to employer groups was required to become an accountable health plan as of Jan. 1, according to a law passed by the Legislature last year.

"It appears some carriers have not kept up with the new laws, so we've done a second mailing to all insurers to make sure they understand the new laws and when they take effect, and that they have to comply," says Mary Butterfield, manager of the …

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