OLYMPIA, Wash. – Insurance Commissioner Mike Kreidler ordered OneShare Health LLC to stop selling insurance illegally in Washington state, effective immediately.
OneShare Health markets itself as a health care sharing ministry but fails to meet the legal definition under state law. It has nearly 1,100 members in the state who paid $1.2 million in premiums. Four members complained to Kreidler’s office about unpaid claims and attempts to cancel coverage.
“This is another sham health care sharing ministry that is preying on people who think they are buying health…