|Name of Company:||Universal Health Care Insurance Company, Inc.|
|Date of Rehabilitation:||March 22, 2013|
|Date of Liquidation:||April 1, 2013|
|Policy Cancellation Date:||April 1, 2013|
|Claims Filing Deadline:||June 30, 2014|
|Type of Coverage:||Life and Health|
|State of Domicile:||Florida|
|Status of Receivership:||Liquidation|
Notice of Receivership
Effective March 22, 2013, Universal Health Care Insurance Company, Inc. (“UHCIC”) was ordered into receivership for purposes of rehabilitation by the Second Judicial Circuit Court in Leon County, Florida. The Florida Department of Financial Services, Division of Rehabilitation and Liquidation, is the court appointed Receiver of UHCIC. Effective April 1, 2013, pursuant to the Court Order, UHCIC automatically moved into receivership for purposes of liquidation.
UHCIC was licensed as a life and health insurance company to write accident and health insurance. The company provided health care coverage to approximately 37,500 Medicare recipients as of February 2013. It was a Florida corporation which was licensed in May 2006 and was headquartered in St. Petersburg, Florida. UHCIC was licensed to write business in Florida and in 24 other states: Alabama, Arizona, Arkansas, District of Columbia, Georgia, Illinois, Indiana, Kentucky, Louisiana, Maryland, Mississippi, Missouri, Nevada, New Jersey, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, South Dakota, Texas, Utah, and Virginia.
Medicare contracts and premiums are administered through the federal Centers for Medicare and Medicaid Services (CMS). The Florida Department of Financial Services worked with CMS to assist CMS in its efforts to provide a smooth transition for Universal Health Care Insurance Company’s members to other Medicare providers.
Please Note: Universal Health Care Insurance Company has an affiliated HMO – Universal Health Care (UHC) – which is also subject to this receivership action. See Frequently Asked Questions for UHC.