Thursday, March 28, 2013

Important Announcement - Universal Plans Placed Into Receivership


Universal Health Care, Inc. and Universal Health Care Insurance Company, Inc. were ordered into receivership on March 21 by a Leon County Circuit Court judge. The company is fully cooperating with the Florida Department of Financials Services in the transition of our members. Any questions regarding the receivership should be directed to the Florida Department of Financial Services. 

The receivership action does not impact either Universal HMO of Texas, Inc. or Universal Health Care of Nevada, Inc. which were sold through a bankruptcy auction last month. The Company is still working diligently with the successful bidder to finalize the sale. Beneficiaries and providers of those entities will continue to receive services and payments as usual. Click here to view the official press release.

If a carrier is leaving Medicare it creates an SEP for Medicare Advantage Plans and a Guarantee Issue situation with Medicare Supplements BUT only for a Very Limited Time after their termination!
 
Remember the SMS motto? 
Change = Opportunity
 
 
or call us at 1-800-689-2800 for details.
 


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