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My Obamacare insurance company has been liquidated

 
Anonymous Coward
User ID: 72037760
United States
05/15/2016 09:08 PM
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My Obamacare insurance company has been liquidated
I got this letter in the mail.

NOTICE OF LIQUIDATION

Consumers' Choice Health Insurance Company

To: All Claimants of Consumers's Choice Health Insurance Company, a South Carolina Insurer

NOTICE IS HERBY GIVEN that on Marche 28, 2016 the Court of Common Please for the Fifth Judicial Circuit of Richland County, South Carolina (Court), entered an Order in Civil Action Number 2016-CP-40-00034 authorizing the liquidation of Consumers' Choice Health Insurance Company ("Consumers' Choice") and directing the Director of Insurance of the State of South Carolina, as Liquidator, to liquidate the assets of the Company (Order).

Under the Order, the Liquidator is authorized and directed to forthwith take possession and control of the assets of the Consumers' Choice and administer them under the general supervision of the Court. Pursuant to Section 38-27-370 of the South Carolina Code of Laws, the Liquidator is directed to exercise any and all rights of Consumers' Choice in connection with any assets being held for the benefit of Consumers' Choice by any person or entity. The Liquidator is vested by operation of law with title to all of the property, contracts, and rights of action and all of the books and records of Consumers' Choice, wherever located, as of the entry of this Order of Liquidation and further succeeds to the title of all assets, claims and rights of the insurer.

The South Carolina Code of laws can be viewed at www.scstatehouse.gov/code/t38c027.php.

All persons who may have claims against Consumers' Choice must file a verified original Proof of Claim (POD) with:

blah blah...

It goes on for another half page of small print. WTF does this mean?
Anonymous Coward (OP)
User ID: 72037760
United States
05/15/2016 09:14 PM
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Re: My Obamacare insurance company has been liquidated
Well, not so much what the fuck, but WHY the fuck?


Here's some more info.

[link to www.cchpsc.org]
Anonymous Coward
User ID: 35687661
United States
05/15/2016 09:15 PM
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Re: My Obamacare insurance company has been liquidated
Haha. Obama
ar-15 nut

User ID: 44044090
United States
05/15/2016 09:17 PM
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Re: My Obamacare insurance company has been liquidated
Pay that fine !
We are a REPUBLIC.If we can keep it MORAN!
A pissed off American Veteran!
Anonymous Coward (OP)
User ID: 72037760
United States
05/15/2016 09:19 PM
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Re: My Obamacare insurance company has been liquidated
Is this common? There's a lot of this happening all over it seems.


Hawaii
[link to khon2.com]

Iowa
[link to www.desmoinesregister.com]

Kentucky
[link to surfky.com]

New York
[link to www.insurancejournal.com]

Nebraska
[link to nebraskaradionetwork.com]
Anonymous Coward (OP)
User ID: 72037760
United States
05/15/2016 09:19 PM
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Re: My Obamacare insurance company has been liquidated
Haha. Obama
 Quoting: Anonymous Coward 35687661


I finished paying it last November, and never signed back up.
Useless Cookie Eater

User ID: 29696048
United States
05/15/2016 09:19 PM
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Re: My Obamacare insurance company has been liquidated
I got this letter in the mail.

NOTICE OF LIQUIDATION

Consumers' Choice Health Insurance Company

To: All Claimants of Consumers's Choice Health Insurance Company, a South Carolina Insurer

NOTICE IS HERBY GIVEN that on Marche 28, 2016 the Court of Common Please for the Fifth Judicial Circuit of Richland County, South Carolina (Court), entered an Order in Civil Action Number 2016-CP-40-00034 authorizing the liquidation of Consumers' Choice Health Insurance Company ("Consumers' Choice") and directing the Director of Insurance of the State of South Carolina, as Liquidator, to liquidate the assets of the Company (Order).

Under the Order, the Liquidator is authorized and directed to forthwith take possession and control of the assets of the Consumers' Choice and administer them under the general supervision of the Court. Pursuant to Section 38-27-370 of the South Carolina Code of Laws, the Liquidator is directed to exercise any and all rights of Consumers' Choice in connection with any assets being held for the benefit of Consumers' Choice by any person or entity. The Liquidator is vested by operation of law with title to all of the property, contracts, and rights of action and all of the books and records of Consumers' Choice, wherever located, as of the entry of this Order of Liquidation and further succeeds to the title of all assets, claims and rights of the insurer.

The South Carolina Code of laws can be viewed at www.scstatehouse.gov/code/t38c027.php.

All persons who may have claims against Consumers' Choice must file a verified original Proof of Claim (POD) with:

blah blah...

It goes on for another half page of small print.
WTF does this mean?
 Quoting: Anonymous Coward 72037760


It's means they went BANKRUPT based on lies and false promises from Obamacare and the Democrap party.

osnake
Suk it
User ID: 58908559
United States
05/15/2016 09:21 PM
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Re: My Obamacare insurance company has been liquidated
Mine, tried to steal $273 and said I had health insurance January and february, when they have a recording saying I wouldn't have insurance until March, March the month I finally paid my premium, they lied and tried saying I had insurance when my attorneys are wondering why I'm getting more bills in the mail when I just paid my premium which should cover 4 months.
Crook Obama care shit , like our dictator who created it
Useless Cookie Eater

User ID: 29696048
United States
05/15/2016 09:25 PM
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Re: My Obamacare insurance company has been liquidated
obamapool


cocool
Anonymous Coward (OP)
User ID: 72037760
United States
05/15/2016 09:31 PM
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Re: My Obamacare insurance company has been liquidated
I got this letter in the mail.

NOTICE OF LIQUIDATION

Consumers' Choice Health Insurance Company

To: All Claimants of Consumers's Choice Health Insurance Company, a South Carolina Insurer

NOTICE IS HERBY GIVEN that on Marche 28, 2016 the Court of Common Please for the Fifth Judicial Circuit of Richland County, South Carolina (Court), entered an Order in Civil Action Number 2016-CP-40-00034 authorizing the liquidation of Consumers' Choice Health Insurance Company ("Consumers' Choice") and directing the Director of Insurance of the State of South Carolina, as Liquidator, to liquidate the assets of the Company (Order).

Under the Order, the Liquidator is authorized and directed to forthwith take possession and control of the assets of the Consumers' Choice and administer them under the general supervision of the Court. Pursuant to Section 38-27-370 of the South Carolina Code of Laws, the Liquidator is directed to exercise any and all rights of Consumers' Choice in connection with any assets being held for the benefit of Consumers' Choice by any person or entity. The Liquidator is vested by operation of law with title to all of the property, contracts, and rights of action and all of the books and records of Consumers' Choice, wherever located, as of the entry of this Order of Liquidation and further succeeds to the title of all assets, claims and rights of the insurer.

The South Carolina Code of laws can be viewed at www.scstatehouse.gov/code/t38c027.php.

All persons who may have claims against Consumers' Choice must file a verified original Proof of Claim (POD) with:

blah blah...

It goes on for another half page of small print.
WTF does this mean?
 Quoting: Anonymous Coward 72037760


It's means they went BANKRUPT based on lies and false promises from Obamacare and the Democrap party.

:osnake:
 Quoting: Useless Cookie Eater


Yeah, I see that now. But why did it go bankrupt? There's no real explanation provided in the letter. It's just like it says "Oops, we're gone now."





GLP