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Mega Life & Health & Midwest National Life Finally Get What They Deserve! This is a great day in the health insurance industry! Rarely is an insurance company held liable for improper conduct. The majority of the time the "Big Guy" takes advantage of the "Little Guy" and sadly the "Little Guy" has no recourse. But this is not the case today! After many years of repeated violations of insurance conduct laws the NAIC- (National Association of Insurance Commissioners) has levied one of the largest market conduct fines in insurance history against Mega Life & Health insurance company, Midwest National Life insurance company, a.k.a. Health Markets, formerly known as U.I.C.I. a.ka. NASE - National Association for the Self Employed [VIEW ARTICLE]Comments RSS Feed For This Article: 
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Subject: Garbage Health Plans
Great article Steve! I've seen these plans over the years & I've never known of 1 person to benefit from their plan structures. In fact you may have missed one major point; I believe they sell a 100% plan option which is a total misnomer because it only covers 100% of their very limited (almost scary) schedule. Many people have bought these plans thinking they've got Cadillac coverage, only to be left holding the bag at claim time! It's a real shame that these companies have been allowed in the arena. Keep up the good work. Gil