Datapoint: Bright Health Faces Scrutiny, $1M Fine in Colorado
In an interview with the Denver Gazette, Colorado Division of Insurance Commissioner Michael Conway said he nearly banned Bright Health from operating in the state, and would have forced an immediate shut-down fueled by member and provider complaints. Instead, the division fined the startup $1 million. Bright Health is the second-largest individual insurer in Colorado, with 61,423 members.
Source: AIS’s Directory of Health Plans