The chief executive of a company allegedly selling fraudulent health insurance says he is fully cooperating with the Illinois Department of Insurance to resolve the matter.
Donald Chew, president and CEO of ReAssurance Health, says he has turned over all records, customer names, addresses and telephone numbers, books and computers relating to the operation of his company to investigators.
He says he’s transferred the insurance policies to other insurance companies.
The Illinois Department of Insurance announced that ReAssurance Health has sold numerous policies without authorization in Illinois, Indiana, Ohio and Wisconsin.
Health insurance companies must be licensed in Illinois and have policies approved by the insurance department before selling coverage to consumers. The department says neither ReAssurance nor its policies have been approved in Illinois.
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