Ky.: Unauthorized Insurer Offering Health Insurance to Consumers
The Kentucky Office of Insurance is investigating reports that an unidentified company is selling health insurance in Kentucky without proper authorization.
A flyer, which has been faxed to consumers in Kentucky, does not specify a company name but offers a health care plan with monthly premiums ranging from $199 for single coverage to $359 for families. The flyer specifically states, “This is health insurance – not discount healthcare!”
KOI learned of the flyers from an insurance agent in northern Kentucky.
An investigator with the KOI Consumer Protection and Education Division called the number listed on the ad and was given conflicting company names, none licensed to sell the product in Kentucky. The plan offers $25 doctor visits, a discount for vision and hearing services, a “huge” preferred provider organization network, a prescription program, $10,000 in accidental injury coverage, and full coverage of the plan’s surgery schedule.
Source: Kentucky Office of Insurance