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RE: ABG / MHL / CWF / MedHealth Business
For
some time now we have experienced the loss
of carrier within this program and have
had to continually undergo the painful process
of moving insureds to a replacement carrier.
We
have expressed to most of you over the past
year that these programs are an accommodation
for both you and those clients that do not
qualify for the community rated market.
It
is now necessary to inform you of yet another
shut down. We have been advised that the
Oxford plan has stopped accepting new business
and will be completely terminated as of
June 1, 2001 for all existing business.
This
once again creates a very painful event
for us, you and your client. Your clients
will be informed of this by the Plan Administrator
along with suggestions for alternative coverage.
We
would like to provide you with alternatives
from other sources. Please remember that
all material must be completed and in our
office by May 15th to secure a June 1, 2001
effective date.
Remember
your clients will be without the Oxford
plan effective June 1st. So contact us ASAP
for alternative plans.
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