(FOX 9) – A health insurance company based in Texas, but operating in Minnesota, has been fined and ordered to stop selling unlicensed insurance policies in Minnesota.
Salvasen Health, its owner Barry Glenn, and multiple affiliates have been fined $553,000 by the Minnesota Department of Commerce (DOC) and ordered to stop their operations in Minnesota, the DOC said in an announcement Wednesday.
According to the department, Salvasen and affiliates were not licensed in Minnesota to sell health insurance plans but sold unapproved health plans to Minnesota consumers regardless.
The DOC provides regulatory oversight of insurance for Minnesota and initially acted…
health insurance marketplace
Federal dental plan could lead employers to drop coverage: assoc
OTTAWA –
An association of health insurance providers warns it might not be useful for small businesses to provide dental benefits to some employees once the government launches a national dental-care plan.
The Canadian Life and Health Insurance Association has pitched the idea of a federal tax credit for small businesses to convince them not to drop their coverage.
“When governments provide free coverage for any type of benefit, employers will naturally ask if they should continue to pay for those or whether their employees would be as well-served ΓǪ moving to the public plan,” said association president Stephen Frank.…