State regulators kick unauthorized health insurance provider from Minnesota market
State regulators on Tuesday suspended and fined an unlicensed health insurance provider that allegedly sold deceptive coverage plans to nearly 1,700 Minnesotans that made them employees or “limited partners” but failed to pay their medical claims.
The
Other state authorities that have investigated the company found it classifies people who enroll in plans as employees who are supposed to install tracking applications on their phones, allowing
The
According to the
Customers were designated as “limited partners” or employees without their knowledge, according to the
Customers paid monthly premiums up to
Two Minnesotans, identified in state documents as R.W. and M.W., reported paying more than
Another customer, identified as M.T., said Strategic paid less than
“This is a cautionary tale,” said
“As open enrollment begins, Minnesotans should be extremely careful when selecting health coverage,” she said in a statement. “If it sounds too good to be true, or if the company isn’t licensed in
Insurance regulators in other states have taken actions to limit
Last year
©2025 The Minnesota Star Tribune. Visit startribune.com. Distributed by Tribune Content Agency, LLC


Illinois quick hits: State Farm sued; ag education grants announced; 'Operation Summer Heat' results
Film Screening And Panel Discussion Features Health Insurance Whistleblower
Advisor News
- Three estate planning ideas to protect your clients and their wealth
- What advisors must know about accessible client documents
- Your client texted. Now what? The compliance rules advisors better know
- Helping small-business owners build, grow and exit
- Help women break through their retirement roadblocks
More Advisor NewsAnnuity News
- NAIC working group pressed to accelerate annuity illustration overhaul
- State Auditor James Brown Kicks Off Life Insurance Awareness Month With Policy Locator Tool
- Wink: Annuity sales post strong Q2, led by MYGAs and structured products
- Legacy Marketing Group partners with Malibu Life USA for annuity launch
- Best’s Market Segment Report: Global Life/Annuity Reinsurers Remained Poised for Steady Growth
More Annuity NewsHealth/Employee Benefits News
Life Insurance News