North Dakota Insurance Commissioner Jim Poolman today issued a cease and desist order against Choice Benefits, a Houston, Tex.-based company marketing “discount health plans.”
Choice Benefits, which has advertised in violation of a new state law aimed at curbing abuses in the marketing of discount medical plans, is the first company to receive a cease-and-desist order under the law, which was passed last legislative session.
Poolman’s order alleges Choice Benefits’ advertisement failed to disclose that the discount medical plan was not an insurance policy; it used misleading terminology that could cause a consumer to believe the plan was insurance; it failed to disclose that plan members are obligated to pay for all health care services, but will receive a discount from those health care providers that have contracted with the discount medical plan organization; and failed to include the name and address of the marketer and of the discount medical plan organization.
Was this article valuable?
Here are more articles you may enjoy.
Florida’s Commercial Clearinghouse Bill Stirring Up Concerns for Brokers, Regulators 
Chubb CEO Greenberg on Personal Insurance Affordability and Data Centers 
Insurify Starts App With ChatGPT to Allow Consumers to Shop for Insurance 
Former Ole Miss Standout Player Convicted in $194M Medicare, CHAMPVA Fraud 
