Washington’s Office of the Insurance Commissioner (OIC) has issued a cease and desist order against Mega Life and Health Insurance Company (MEGA) of Oklahoma for selling health insurance that reportedly violates Washington law.
Under state law, group polices must include certain benefits such as emergency services, mammograms, maternity care stays, newborn coverage, and reconstructive breast surgery.
In addition, out-of-state insurers selling group policies must file certificates which detail their policyholders’ insurance benefits with the OIC.
Most of MEGA’s policies reportedly do not provide benefits required by law and some of their certificates of coverage have not been filed with OIC. Until they provide the required benefits and file their certificates of coverage, MEGA may not issue policies. In addition, the company must notify their agents of the cease and desist order.
MEGA has approximately 37,000 policyholders in Washington.
Was this article valuable?
Here are more articles you may enjoy.
Canceled FEMA Review Council Vote Leaves Flood Insurance Reforms in Limbo
Navigators Can’t Parse ‘Additional Insured’ Policy Wording in Georgia Explosion Case
Tesla Sued Over Crash That Trapped, Killed Massachusetts Driver
Hackers Hit Sensitive Targets in 37 Nations in Spying Plot