Contact: Liz
Martins, Public Information Officer
Phone: (775)
687-0772
E-mail: emartins@doi.nv.gov
FOR IMMEDIATE
RELEASE – June 21, 2023
Court orders receivership for Friday Health Plans of Nevada
CARSON CITY, NV – On June 12, 2023, the Eighth Judicial District Court of Nevada ordered
Friday Health Plans of Nevada (FHP-N) into receivership and appointed Insurance
Commissioner Scott Kipper as Receiver. The petition for receivership
was initiated on June 1, 2023, with the company’s consent due to concerns about
FHP-N’s financial condition.
This order allows
Commissioner Kipper, through an appointed special deputy receiver, to take over
the day-to-day operations of the company and to thoroughly examine its finances
in order to determine the best option to protect policyholders and
creditors—either by rehabilitating and returning the company to private
management, or by liquidating the company.
The Court
has also issued an injunction against providers from denying health services to
members during the receivership.
For the
latest updates and information, please visit the receivership website at https://fridayhealthplansofnevada.com.
For
questions, you may contact the special deputy receiver directly:
Darren
Ellingson
Ellingson & Associates, LLC
Special Deputy Receiver
dellingson@ellingsonassociates.com
A copy of the order may be found here.
About the Nevada
Division of Insurance
The State of Nevada
Division of Insurance, a Division of the Nevada Department of Business and
Industry, protects the rights of Nevada consumers and regulates Nevada’s $22
billion insurance industry. The Division of Insurance has offices in Carson
City and Las Vegas. For Fiscal Years 2021 and 2022, the Division investigated
5,062 consumer complaints, answered approximately 25,000 inquiries, and
recovered over $8 million on behalf of consumers. For more information about
the Division of Insurance, visit DOI.NV.GOV and follow us on our social media channels: Twitter | Facebook | LinkedIn | Instagram.
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