Vol. 66, Issue 12
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IN THIS ISSUE
- WHA Applauds Speaker Vos, Majority Leader LeMahieu and Governor Evers for Passing and Enacting AB 960 into Law
- DHS to Study Wisconsin’s Long-Term Care System
- OCI Takes Action Against Unlicensed Business Selling Limited Term Health Plans
- WHA Health Care Workforce Forum to Seek Collaborative Solutions to Worker Shortage
- Acts of Violence Against Health Care Workers is Now a Felony in Wisconsin
- WHA Member Health Systems Urge Congress to Make Hospital at Home Program Permanent
- President Signs FY 2022 Spending Bill Including Temporary Telehealth Extensions & 340B Flexibilities
- WHA Health Care Leadership Academy Attendees Learn Value of WHAIC Data Tools to Decision Making
EDUCATION EVENTS
Mar. 14, 2025
2025 Physician Leadership Development ConferenceApr. 9, 2025
2025 Advocacy DayApr. 22, 2025
Nursing ServicesClick here to view quality event calendar
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Thursday, March 24, 2022
OCI Takes Action Against Unlicensed Business Selling Limited Term Health Plans
On March 22, the Wisconsin Office of the Commissioner of Insurance (OCI) announced that Salvasen Health, LLC, would no longer be permitted to issue new policies or renew existing policies in Wisconsin. The action was effective on Jan. 31, 2022.
According to the announcement, Salvasen was not licensed to conduct insurance business in Wisconsin and had been issuing limited benefit health plans which did not meet the coverage requirements of Affordable Care Act (called “minimum essential coverage”) that have been in effect for the past eight years.
The company, based in Houston Texas, agreed to pay a financial penalty of $14,000 and agreed to cease writing and renewing insurance policies in Wisconsin. Other states such as Minnesota, Massachusetts, Colorado and Nevada have taken similar steps to protect consumers.
About 900 people in Wisconsin had a Salvasen product at some point, with just over 200 active policyholders at the time the product was terminated. Consumers who have lost coverage as a result will become eligible to enroll in a health plan through the federal exchange marketplace during a special enrollment period. Additional information is expected from the federal government regarding the dates for that special enrollment period.
According to the announcement, Salvasen was not licensed to conduct insurance business in Wisconsin and had been issuing limited benefit health plans which did not meet the coverage requirements of Affordable Care Act (called “minimum essential coverage”) that have been in effect for the past eight years.
The company, based in Houston Texas, agreed to pay a financial penalty of $14,000 and agreed to cease writing and renewing insurance policies in Wisconsin. Other states such as Minnesota, Massachusetts, Colorado and Nevada have taken similar steps to protect consumers.
About 900 people in Wisconsin had a Salvasen product at some point, with just over 200 active policyholders at the time the product was terminated. Consumers who have lost coverage as a result will become eligible to enroll in a health plan through the federal exchange marketplace during a special enrollment period. Additional information is expected from the federal government regarding the dates for that special enrollment period.
