EmblemHealth Continues Losses, Settles Breach, Underpayment Suits
with Chart: EmblemHealth Saw Net Loss Swell in Third Quarter
December 31, 2018
Troubled EmblemHealth Inc., one of the nation’s largest nonprofit health insurers, continues to struggle with its turnaround plans: Over the past two months, the company posted losses in its two largest subsidiaries for the first three quarters of 2018. It also settled three legal claims, paying civil penalties for a privacy breach and for failure to properly cover gender reassignment surgery, plus agreeing to an undisclosed settlement in a whistleblowers’ suit.