Printed from BusinessInsurance.com

Regulators place Friday Health operations in state in liquidation

Posted On: Mar. 29, 2023 9:24 AM CST

Texas regulators have placed the remaining health insurer Friday Health’s operations in Texas in liquidation, Think Advisor reports. The Alamos, Colorado-based insurer announced in 2022 that it would continue to offer Affordable Care Act health plans in Colorado, Georgia, Nevada, North Carolina and Oklahoma in 2023 but would pull out of New Mexico and Texas, where the company says it ran into problems because it grew too quickly there.