TALLAHASSEE, Fla. – Aug. 5, 2010 – The Florida Department of Financial Services (DFS) and the Office of Insurance Regulation (OIR) issued a warning about unauthorized health insurance plans. The plans are sold under different names but backed by Association of Independent Managers (AIM), according to Florida officials.
OIR has issued a Cease and Desist Order to AIM, and preliminary OIR estimates indicate as many as 1,800 Florida consumers have already purchased these bogus health plans.
“Bogus health insurance scams rob consumers of their hard-earned money and also leave them uncovered in the event that medical care is needed,” said CFO Alex Sink, who oversees DFS.” Read more