Friday, August 14, 2009


NY fines health insurer over 'misleading' TV ads

A health insurer whose TV commercials promised "peace of mind" for just $5 a day must stop running the national ads and pay a fine of $700,000 after New York officials accused it of leaving patients only with huge hospital bills... The American Medical and Life Insurance Co., advertising through an intermediary called Cinergy, marketed health insurance as a lower cost option for the uninsured and underinsured. It was pitched as costing just $5 a day, or the cost of a hamburger or pack of cigarettes...

AP: NY fines health insurer over 'misleading' TV ads

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