Trinity HealthShare Resolves Dispute with Colorado Division of Insurance

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Jan 22, 2020 05:27 pm
ATLANTA -- 

The Colorado Division of Insurance has entered a final agency order reflecting the stipulation between Trinity HealthShare and the division to resolve the allegations made against Trinity in an August 2019 ex parte cease and desist order.

As a result of the order, Trinity will not accept contributions from Colorado residents and process sharing requests from its Colorado members for any services rendered after January 31, 2020. Trinity will, however, continue to process sharing requests from Colorado members for services rendered through January 31, 2020.

“The vast majority of Trinity’s members, both in Colorado and around the country, are very satisfied with our health care sharing ministry and continue to choose us because it’s a cost-effective medical payment arrangement,” said Joe Guarino, president of Trinity HealthShare.

Trinity was prepared to defend its compliance with Colorado law, but once the ministry requested a hearing to do so, the Division of Insurance offered to discuss a settlement. This outcome resolves the dispute without spending valuable member resources on litigation.

Trinity agreed to the final agency order without admitting any wrongdoing or noncompliance with Colorado law. As a result, Trinity will unfortunately stop offering its health care sharing programs to Colorado residents at the end of January 2020. Meanwhile, Trinity remains committed to its members and will continue to facilitate sharing among members in other states.

About Trinity HealthShare

Trinity HealthShare is a 501(c)(3) non-profit health care sharing ministry built on the centuries-old Christian tradition of sharing and bearing one another’s health care needs. Our members hold a common set of ethical and religious beliefs, and voluntarily agree to share their medical expenses in accordance with those beliefs. Trinity guides cost sharing of member contributions for certain eligible health care needs. Trinity uses innovative technologies to streamline access to individual and family-focused health care services at each step along the care continuum. Our sharing programs are designed to simplify the complexities of health care, while putting the power of choice back in the hands of our members, 24/7, 365 days/year. For more information, visit trinityhealthshare.org.

 

Joe Guarino, President
Trinity Healthshare, Inc.
844-803-8051
[email protected]

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).