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Media contact: Public Affairs, (360) 725-7055
August 11, 2022
OLYMPIA, Wash. ? Medova Healthcare Financial Group, LLC (Medova) of Wichita, Kansas and its president and CEO, Daniel Whitney, were?ordered to stop selling illegal health insurance in Washington state?and agreed to a $310,000 suspended fine. Medova and Whitney also surrendered their insurance producer licenses and agreed to stop doing insurance business in Washington.?
Medova sold unauthorized health insurance plans called Lifestyle Health Plans to approximately 140 small businesses and their 1,487 employees through Washington chambers of commerce. The company misrepresented the nature of the coverage and who was financially responsible for paying claims.
Medova committed similar actions in at least 38 other states and agreed in March to a federal consent order that?appointed a federal independent fiduciary?to administer the company and manage its claims. Nationwide, it provided health benefits to more than 35,000 employees.?
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