California bans 'sham' health plans, reaches $1.3M settlement - Becker's Payer Issues | Payer News "California reaches $1.3 million settlement with Sedera and Sedera Medical Cost Sharing Community over alleged sale of "sham" health insurance plans to 2,000+ i

#Sedera #MedicalCostSharing is now banned from selling, marketing, and operating any health plans in #California. #HealthInsurance #NotHealthInsurance #SteerClear buff.ly/VmL9mE1

Faith-based cost-sharing seemed like an alternative to health insurance, until the childbirth bills arrived Health care sharing ministries advertise reimbursements for members’ medical bills. But they are largely unregulated, and most have restrictions on maternity coverage.

We basically gave #Sedera our money and received nothing in return,” Kaplan said. “The rug was pulled out from underneath us.”
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