COLUMBUS, Ohio (AP) — The state’s insurance department is taking over the operations of a company that provides health insurance to nearly 22,000 residents, mainly in central Ohio.
The move affects those holding InHealth Mutual policies.
A Franklin County Common Pleas Court judge on Thursday granted the state’s request to liquidate Coordinated Health Mutual Inc. The suburban Columbus-based company markets its policy under the InHealth Mutual brand.
The Ohio Department of Insurance says that under the court order, InHealth policy holders must continue to pay their premiums and providers must honor their contracts for service to InHealth consumers.
The court action also allows state officials to assure that claims of policy holders, providers and vendors are provided for while company operations wind down.
Ohio Department of Insurance: http://1.usa.gov/1RultIv