by Steve Warren, CBN News
The California state insurance commissioner has ordered two Healthcare Sharing Ministries (HCSMs) to stop selling a cost-sharing plan as a substitute for health insurance.
The New York Times reports California issued a cease and desist order against Aliera Healthcare, Inc. and Trinity Healthshares, Inc. because the two health care sharing ministries are allegedly misleading consumers by offering products identical to health insurance policies without state approval.
Up to 11,000 California residents may belong to plans offered by the two companies, according to the state.
“Consumers who bought these plans thinking they purchased comprehensive health insurance deserve the full protection of our laws,” said Ricardo Lara, the California insurance commissioner, in a statement.
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