A managed care company was found liable for denying valid claims for health insurance coverage. The company
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Question:
A managed care company was found liable for denying valid claims for health insurance coverage. The company was ordered to pay compensatory damages to a group of plaintiffs. To "make an example" of the insurer, the court also ordered to insurer to pay an additional $10 million to deter other insurers from engaging in the same wrongful acts. The $10 million award is an example of what type of damage and why?
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