Health Plan Bankruptcy

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How Friday Health Plans insolvency will affect policyholders in five

(3 days ago) WEBUPDATE – July 18, 2023: Colorado regulators have announced that Friday Health Plans policies in Colorado will terminate August 31, 2023. A special enrollment period began July 17 and continues through October 31. In order to avoid a gap in coverage, enrollees …

https://www.healthinsurance.org/blog/how-friday-health-plans-insolvency-will-affect-policyholders-in-five-states/

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Friday Health Plans to shut down as state regulators step in

(4 days ago) WEBFriday Health Plans announced it would shut down last week after more state regulators took action to limit the insurer’s operations as it struggled financially. The …

https://www.healthcaredive.com/news/Friday-Health-Plans-shuts-down/652041/

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The ripple effects of Friday Health Plans' shutting down

(1 days ago) WEBJust how state insurance officials shut down Friday Health Plans could impact other health insurance companies operating in the states in which Friday has a …

https://www.fiercehealthcare.com/payers/how-insurtech-fridays-shutting-down-might-affect-other-health-plans-policyholders

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Bright Health staring down bankruptcy, execs say - Fierce Healthcare

(4 days ago) WEBBy Paige Minemyer Mar 1, 2023 1:44pm. Bright Health Group needs to raise about $300 million to avoid bankruptcy after it overdrafted its credit, executives told investors on …

https://www.fiercehealthcare.com/payers/bright-health-staring-down-bankruptcy-needs-raise-300m-execs-say

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Members Health Plan NJ (MHPNJ) Bankruptcy and Plan Wind …

(1 days ago) WEBThe assessment amount due from each employer is on a pro-rata basis. Examples: • Employer A paid $50,000 in Health Care Fees (premiums) from 1/1/20 through …

https://membershealthplannj.com/wp-content/uploads/2021/07/MHPNJ-Wind-Down-FAQs-7.26.21.pdf

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Bankrupt N.J. health plan can’t pay medical claims and …

(6 days ago) WEBA self-insured health plan for 2,500 physician practices and other small businesses that filed for bankruptcy in the spring says it won’t have enough money to …

https://www.nj.com/business/2021/08/bankrupt-nj-health-plan-cant-pay-medical-claims-and-needs-a-bail-out-from-its-members.html

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Friday Health Plan policyholders must select new …

(6 days ago) WEBInsurance Commissioner Mike Causey announced today that Friday Health Plans of North Carolina Inc. (FHP-NC) was placed into receivership, effective July 16, to …

https://www.ncdoi.gov/news/press-releases/2023/08/02/friday-health-plan-policyholders-must-select-new-coverage-aug-31-avoid-gap-coverage

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Kroll Restructuring Administration

(2 days ago) WEBCase Background. On May 4, 2015, an involuntary petition for relief under Chapter 11 of the United States Bankruptcy Code was filed against HHH Choices Health Plan, LLC in …

https://cases.ra.kroll.com/HebrewHospital/

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Bright Health, Friday Health cost ACA risk-adjustment …

(Just Now) WEBIn Bright Health’s case, CMS worked with eight states to develop a repayment plan that charges the company 11.5% monthly interest on the $380.2 million …

https://www.modernhealthcare.com/insurance/bright-health-friday-health-plans-aca-risk-adjustment-cms

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Colorado joins four other states terminating Friday Health to …

(9 days ago) WEBNew insurance enrollment available. DENVER — Due to the financial instability of Friday Health Plans of Colorado and growing concerns about healthcare …

https://alamosanews.com/article/colorado-joins-four-other-states-terminating-friday-health-to-protect-members

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California health plan files for bankruptcy - Becker's Payer

(3 days ago) WEBEmail. Vitality Health Plan of California, which offers Medicare Advantage plans, filed for Chapter 11 bankruptcy protection Dec. 18. The company entered …

https://www.beckerspayer.com/payer/california-health-plan-files-for-bankruptcy.html

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Amid bankruptcy and probe, Borrego Health plans to liquidate

(1 days ago) WEBNov. 25, 2022 5 AM PT. Barely two months after turning to bankruptcy court to protect itself from creditors owed tens of millions of dollars, the Borrego Community Health …

https://www.sandiegouniontribune.com/news/watchdog/story/2022-11-25/borrego-health-liquidate-auction-bankruptcy

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Cano Health Wins Creditor Support to Cut Debt, Exit Bankruptcy

(2 days ago) WEBCano Health Inc. won support from lower-ranking creditors for a plan to slash about $1 billion in debt and exit bankruptcy under new owners. At a court hearing …

https://www.bloomberg.com/news/articles/2024-05-17/cano-health-wins-creditor-support-to-cut-debt-exit-bankruptcy

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Envision Healthcare Successfully Emerges from Financial …

(6 days ago) WEBEnvision’s now effective Plan of Reorganization, supported by its key creditor groups and confirmed by the Bankruptcy Court on October 11, 2023, has reduced the …

https://finance.yahoo.com/news/envision-healthcare-successfully-emerges-financial-184500618.html

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Bright Health is on the brink of insolvency - Becker's Payer

(3 days ago) WEBBright Health Group has told Florida regulators there is "substantial doubt" the company can remain financially viable without additional outside investment, the Star …

https://www.beckerspayer.com/payer/bright-health-is-on-the-brink-of-insolvency.html

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California Healthcare Whistleblowers Awarded $13 Million from DOJ

(8 days ago) WEBThe whistleblowers who called out this misconduct were rewarded approximately $13 million plus attorneys’ fees. The Department of Justice and state …

https://www.natlawreview.com/article/all-glitters-707-million-false-claims-act-settlements-golden-state-medicaid-fraud

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Judge Clears Purdue Pharma’s Restructuring Plan for Vote by …

(3 days ago) WEBJudge Robert D. Drain, of the U.S. Bankruptcy Court for the Southern District of New York in White Plains, said that the plan provisionally cleared the legal …

https://www.nytimes.com/2021/05/26/health/opioids-purdue-bankruptcy-settlement.html

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Steward Health Care files for Chapter 11 bankruptcy GBH

(5 days ago) WEBFinancially troubled Steward Health Care filed for bankruptcy Monday morning in a federal court in Texas, where it’s based, saying in a statement that …

https://www.wgbh.org/news/health/2024-05-06/steward-health-care-files-for-chapter-11-bankruptcy

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Steward Health Care files Chapter 11 bankruptcy. Why not Chapter …

(2 days ago) WEBSimply put, Chapter 11 is named for the section of the U.S. bankruptcy code that allows a company to seek protection from creditors while it keeps operating. This …

https://www.enterprisenews.com/story/news/local/2024/05/07/steward-health-care-files-bankruptcy-difference-between-chapter-11-and-chapter-7/73591473007/

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Best North Bergen, NJ Bankruptcy Attorneys Super Lawyers

(Just Now) WEBFree profiles of 3 top rated North Bergen, New Jersey bankruptcy attorneys on Super Lawyers. Browse comprehensive profiles including education, bar membership, awards, …

https://attorneys.superlawyers.com/bankruptcy/new-jersey/north-bergen/

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Helping Clients Deal with Financial Challenges & Bankruptcy in …

(8 days ago) WEBWe help people deal with debt in New Jersey. Get protection from creditors with the legal team at Scura, Wigfield, Heyer & Stevens, LLP.

https://www.scura.com/blog/helping-clients-deal-with-financial-challenges-bankruptcy-in-new-jersey

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Is Your Debt Dischargeable? A Bankruptcy Attorney Answers - Scura

(3 days ago) WEBLearn about which debts you can have discharged when you file bankruptcy. Contact Scura, Wigfield, Heyer & Stevens in New Jersey to speak with experienced bankruptcy …

https://www.scura.com/blog/is-your-debt-dischargeable-a-bankruptcy-attorney-answers

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