The Texas Department of Insurance (TDI) has filed an action to stop Georgia-based Aliera Healthcare from selling health insurance in Texas without a state license.
The public hearing will begin at 9 a.m. May 28 at the State Office of Administrative Hearings (SOAH) in Austin.
Aliera claims to be running a health-sharing ministry and therefore exempt from TDI regulation and reporting requirements. Texas law requires health-sharing ministries to be non-profit organizations. TDI alleges that Aliera is a for-profit corporation and is using only 20 percent or less of the money it collects from consumers to pay health claims.
Earlier this week, the Washington Insurance Commissioner ordered Aliera to stop selling health insurance in that state. And the New Hampshire Department of Insurance issued a consumer warning that the company may be operating illegally.
Aliera is believed to have more than 17,000 customers in Texas and 100,000 nationwide. Aliera health plans sold in Texas remain in effect until after the hearing and a ruling by the Texas Insurance Commissioner. TDI encourages consumers to talk to their agents and research the company to help determine if they have adequate health coverage.
Source: TDI
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