Company Information - America's Health Choice Medical
Plans, Inc.
Name of Company:
America's Health Choice Medical Plans, Inc.
Date of Rehabilitation:
08/06/08
Type of Coverage:
Health Maintenance Organization
State of Domicile:
Florida
Status of Receivership:
Rehabilitation
On August 6, 2008, America’s Health Choice Medical Plans, Inc, (“AHC”) was ordered into receivership for purposes of
rehabilitation by the Second Judicial Circuit Court (”Court”) in Tallahassee, Florida. The Florida Department of Financial Services is the court appointed Receiver of
America’s Health Choice.
Headquartered in Vero Beach, Florida, AHC has no current subscribers. AHC was initially licensed as a Provider Sponsored Organization in 2000 and converted its license to a Health Maintenance Organization in 2004. The company was authorized to sell Medicare products. Medicare funds and contracts are administered through a federal agency, the Centers for Medicare and Medicaid Services ("CMS"). In July, 2007, CMS terminated AHC’s Medicare Advantage-Prescription Drug contract and asked another company to immediately provide health coverage to all of AHC’s Medicare members. Since that time, AHC has essentially been in a “runoff” mode, paying the remaining claims of its former subscribers.
In February, 2008, AHC agreed to public administrative supervision under the direction of the Florida Office of Insurance Regulation (“OIR”). As part of the Consent Order for Public Administrative Supervision with OIR, AHC consented to receivership under the grounds which subsequently led to this proceeding.
During rehabilitation, the Receiver will continue to process claims in the ordinary course of business to the extent possible.
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CONSUMER HELPLINE 1-800-882-3054
Division of Rehabilitation and
Liquidation · 2020 Capital Circle SE Alexander Bldg Ste
340 · Tallahassee, FL 32301-0110
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