Centene Corp. will be allowed to resume selling health insurance plans in Washington state, three days after regulators ordered a halt, saying the company failed to cover enough doctors and other care providers.
Centene agreed to pay a $500,000 fine, submit to outside monitoring, and take steps to ensure its customers have enough access to doctors and hospitals. If the company doesn’t comply, it could end up owing another $1 million fine.
“They understand the seriousness of the violations and made a commitment today to correct them,” Mike Kreidler, the state’s insurance commissioner, said in a statement. “We will be monitoring the company very closely to make sure that policyholders are protected and they receive the coverage they’ve paid for.”
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