CDOICalifornia Department of Insurance
CDOIClient Directed Outcome Informed
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Under the Regulations, therefore, a single violation is enough to require punishment of the insurer or the licensee by the CDOI.
It will simply prevent the CDOI from assessing improper and unjustified fines.
The CDOI has accused health insurers of using rescissions to rescind policies issued to individuals who had made innocent mistakes on applications or left out information that was not relevant to their current health status.
In addition to the increased assessments, the bill also will require the CDOI to annually post on its web site the performance outcomes of its fraud investigative program.