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Assurant Health Exits Individual Health, Small Group and Short Term Medical

Posted June 10th, 2015 by Rob Anderson

At that time, we are being informed of a very important update to share. Assurant, Inc., has concluded the review of its health business and will exit the Individual Medical, Small Group Fully Insured and Short Term Medical markets.

The last day for sales of these products will be June 15, 2015.The wind down of these product lines will begin immediately and expect to substantially complete the exit by the end of 2016. The company will meet all claims, benefits and provider payment responsibilities during this transition. As the transition continues updates will follow.

Assurant is finalizing the sale of its remaining business lines, including Small Group Self-Funded and Assurant Supplemental Coverage, as well as the North Star Marketing distribution channel, to National General Holdings Corp, subject to formal documentation and regulatory approval.

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