A national health insurer whose TV commercials promised "peace of mind" for
$5 a day must stop running the ads and pay a fine of
$700,000 after New York officials accused it of leaving patients only
with huge hospital bills. The cases uncovered in a two-year investigation into American Medical and Life Insurance Co. included a woman whose insurance covered just $1,164 of a $28,000
bill, and a man whose policy covered $250 of a $29,917 bill.