I talked to state Insurance Commissioner Kim Holland today about this story I did in December about an “insurance plan” that has left many Oklahomans high and dry. The company is called American Trade Association (And Healthcare America, Superior Healthcare, Smart Data Solutions and Real Benefits Association, among others).
The bottom line is, they are taking money from people on the plan and not paying on claims, Holland said. Some plan buyers say the company has paid on smaller claims like routine check ups, only to turn around and reject larger claims like emergency room visits.
Here is an advertisement for the plan:
Notice all of the Americana and emotional references in the ad? Here is an “informercial” about ATA as well.
Look for lots of documents and another story on ATA in The Oklahoman and on www.newsok.com this weekend.
And for those looking to buy insurance in the near future, the state Insurance Department encourages all consumers to call and confirm that any company or insurance agent offering insurance or insurance-like products is properly licensed to do business. Call the Oklahoma Insurance Department consumer hot line at (800) 522-0071 or visit www.oid.ok.gov.