Alaska, Oregon lift suspension of insurance carrier

 


JUNEAU (AP) — Insurance regulators in Alaska and Oregon announced Monday that a company that had been suspended from offering health insurance policies in the states over concerns with its financial condition will be allowed to resume that business.

The Alaska Division of Insurance and the Oregon Department of Consumer and Business Services said they have reached an agreement with Moda Health Plan Inc. aimed at stabilizing its financial position.

The agencies said the agreement will allow Moda to resume selling and renewing policies to individual and group customers in Alaska and Oregon....



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