UHC Settles Up

UnitedHealth Group, parent of UnitedHealthcare, has agreed to pay $20 million to settle with 37 states who have been investigating UHC's practices relating to processing of health insurance claims. The settlement also includes monitoring over a three year period to ensure UHC meets benchmarks for improved accuracy and timeliness for claims processing, reviewing appeals and handling consumer complaints. If UHC doesn't meet the goals, it could be required to pay an additional $20 million.