Trinity Healthshare agrees to cease health care sharing ministry in Iowa
BPC Staff Mar 18, 2021 | 8:22 pm
1 min read time213 wordsAll Latest News, Health & Wellness, Insurance & Investments
The Iowa Insurance Division today announced that Trinity Healthshare Inc. has agreed to a consent order that says Trinity will cease operations in Iowa on June 30, following charges filed against Trinity and the Aliera Cos. in July 2020. Trinity, which is now known as Sharity Ministries Inc., has denied the allegations. “Trinity will continue to facilitate sharing among current Iowa members until June 30, 2021, so that members have sufficient time to find alternative options,” Iowa Insurance Division spokesman Chance McElhaney said. Consumers who have purchased these products are eligible for the ACA special enrollment period open now through May 15. According to the statement of charges, Trinity purportedly operated as a health care sharing ministry and acted as an unauthorized insurer by offering health care insurance products to Iowa consumers that were not approved for sale in Iowa. It is alleged that Aliera marketed, offered, sold and administered these plans on behalf of Trinity without being appropriately licensed. Both Aliera and Trinity are alleged to have used unfair methods of competition and unfair or deceptive acts or practices in the offer and sale of these health care products. Consumers may contact Consumer Advocate Sonya Sellmeyer with the Iowa Insurance Division if they have questions about the special enrollment option at 515-654-6538.