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Washington regulators fine Makina Health for illegal insurance sales

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Washington insurance regulators issued a $100,000 fine against Makina Health, a health-sharing plan provider based in Austin, Texas, for illegally selling employer health insurance plans to small businesses in Washington state, reports Big Country News. Washington’s insurance commissioner opened an investigation after receiving inquiries from two licensed insurance producers asking if Makina was authorized to sell employer group plans in the state.

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