Company Information
Vantage Health Plan, inc.
| Name of Company: | Vantage Health Plan, Inc. |
|---|---|
| case Number: | 99-5065 |
| Date of Liquidation: | September 14, 1999 |
| Policy Cancellation Date: | Not Applicable |
| Claims Filing Deadline: | May 31, 2000 |
| Guaranty Association: | Florida Health Maintenance Organization Consumer Assistance Plan |
| Type of Coverage: | Health Maintenance Organization |
| State of Domicile: | Florida |
| Status of Receivership: | Liquidation |
Notice of Liquidation
Vantage Health Plan, Inc. ("Vantage") was placed in liquidation on September 14, 1999. Proof of claim forms have been mailed. The deadline for filing a claim with the Receiver was May 31, 2000. If you have submitted a proof of claim form you have been notified, in writing, of the Receiver's recommendation on your claim.
Claims Evaluation and Distributions
On July 12, 2002, the First Interim Report on Non-Guaranty Association Claims was filed with the Second Judicial Circuit Court in and for Leon County, Florida ("Court") in the estate of Vantage. On July 17, 2002, the Court issued an order approving the report on Non-Guaranty Association Claims. On July 22, 2002, notices were mailed to 79 Vantage claimants informing them of the Receiver's recommendations concerning the classifications and amounts on their claims, along with instructions on how to proceed if a claimant objects to the recommendations. Objections were required to be filed by the claimant, in writing, with both the Court and the Receiver and postmarked by August 30, 2002. Objections filed after that date were not considered.
On February 16, 2006, the Receiver filed a motion for approval of the Final Claims Report, the Final Distribution Report, Distribution Accounting and approval to make a distribution to claimants in Class 1 and Class 2. On February 21, 2006, an order was entered that granted approval for the Receiver to mail distribution checks representing 100% of the recommended and adjudicated amount to claimants in Class 1 and Class 2. As a result of the order, 2 claimants were approved to receive a distribution check. The checks were mailed on March 7, 2006.
It is unknown at this time when a subsequent distribution will take place for Classes 3 through 10.
