S.C. Health Cooperative

A couple of years ago I blogged about this startup group, that was struggling to find an insurer to work with them, and expressed concerns about their finances in this era of Obamacare.

 

In this weeks Charleston Regional Business Journal, they report that the”…insolvent Seneca-based health insurer in the middle of an FBI fraud Investigation owes medical providers about $8 million…”  This is a reminder that caution should always be exercised when choosing your insurer, and your adviser.