Northwell Health Systems, formerly North Shore/LIJ Hospital Network, is suing HealthRepublic for back claims money owed it, according to an article in Newsday. An individual attorney on Long Island has joined in with another, much smaller suit for his claims to be reimbursed.
This comes after the Federal Government failed to meet its financial obligations under ObamaCare and provide funding for CO-OPS around the country last October 23, forcing 10 of them to shut down. Health Republic was the largest CO-OP. New York State Financial Services has also been blamed as not monitoring the plans finances close enough, and allowing premiums to be charged that were too low to pay claims. Neither of those issues are mentioned in the lawsuit.
I have some clients that have been hurt by this ObamaCare failure and had to pay claims out of their own pocket. I have urged them to file a complaint with the New York State Department of Financial Services, and to contact their Legislators. I urge you to do the same if this has affected you.