Published Online:

Insurers in 2 States Come Under Scrutiny

Article Tools
  • PrintPrinter-Friendly
  • EmailEmail Article
  • ReprintReprints
  • CommentsComments

The board that oversees medical claims for Oklahoma teachers and state employees has removed the program's administrator following the release of a highly critical state audit.

A preliminary report by Auditor and Inspector Clifton Scott accused the Oklahoma State and Education Employees Group Insurance Board of lax accounting procedures, lengthy delays in payments, and a failure to deposit checks in a timely manner.

The state auditor's investigation found $145,000 in uncashed checks, some of which were voided because more than 90 days earlier; four crates of unpaid claims awaiting processing; and $2 million deposited in an unsecured bank account.

In Louisiana, meanwhile, 18 school districts, all members of the Louisana School Boards Insurance Trust, will have to find another insurance carrier to provide workers' compensation coverage after July 1.

The state's insurance commissioner issued an order prohibiting the current carrier from writing or renewing policies in the state because it failed to meet state fiscal standards.--nm

Web Only

You must be logged in to leave a comment. Login |  Register
Ground Rules for Posting
We encourage lively debate, but please be respectful of others. Profanity and personal attacks are prohibited. By commenting, you are agreeing to abide by our user agreement.
All comments are public.

Back to Top Back to Top

Most Popular Stories

Viewed

Emailed

Commented