Optima Health Plan paid a $24,000 fine to Virginia insurance regulators after being found in a market conduct examination to have violated a number of state laws.
As the nation braces for the impact of an increased H1N1 pandemic this fall, insurance companies covering Virginia residents and those nationwide are taking steps to cover the administration of a vaccine.
Virginia Beach, Va.-based Optima Health received an “Excellent” accreditation for the 11th consecutive year from the National Committee for Quality Assurance (NCQA) for its commercial health plans and 10th consecutive year for its Medicaid HMO product, Optima Family Care.
The evolving health insurance marketplace is so tumultuous that a key ratings service has withdrawn a series of ratings for more than 125 health insurers, including HMOs and Blue Cross and Blue Shield plans across the country.
Optima Health has rolled out a new name for its health, prevention and clinical services, which company officials say will make its health plan packages more attractive to consumers and … Read →
Optima Health has formed a partnership with Choice Care Card to administer the Health Reimbursement Arrangement (HRA) component of its new Optima Design plans.
The Virginia Beach, Va., insurer expects to … Read →
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.