Thursday, May 26, 2016

BREAKING: InHealth Mutual Now Under DOI Control [UPDATED]

[From email just now]

"COLUMBUS - Lt. Gov. Mary Taylor was appointed receiver for Coordinated Health Mutual, Inc. today following the Ohio Department of Insurance (ODI) request to liquidate the company which provides health insurance to nearly 22,000 Ohioans under its InHealth Mutual brand.  The action allows ODI to assure that claims of policy holders, providers and vendors are provided for in an orderly manner while it winds down company operations."

More as this develops.

Really disappointed, had hoped that they'd make it. Take-away? Co-Op model = wishcasting.

UPDATE: Full DOI statement here.
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