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KTTS News

Springfield Insurance Companies will pay for deceptive practices

A health insurance provider in Springfield has been ordered to pay the state $1.2 million after using deceptive practices to sell a group plan to 800 people.
A spokeswoman for Governor Blunt says the cease and desist order cites Premier Financial Services and non profit corporation Citizens for AIDS assistance for  inflated premiums to include an unacceptable brokers fee. State officials say many of the insured were eligable for Medicaid and had applied for state help in paying for the cost of that coverage.