“Windhaven Bankruptcy and What it Means for Medical Providers”
It was recently announced that Windhaven Insurance Company went bankrupt and is in receivorship. As many medical providers and insureds are aware, they were…
It was recently announced that Windhaven Insurance Company went bankrupt and is in receivorship. As many medical providers and insureds are aware, they were an insurance company that looked for any reason they could to avoid the payment of insurance claims. As a result, many medical providers have significant amounts of unpaid medical bills. The question on the minds of many of these medical providers is whether they will get paid or not.
For cases we have that are in litigation, the cases will be taken over by Florida Insurance Guaranty Association (FIGA). While we were successful in resolving many Windhaven lawsuits prior to their liquidation, we still have dozens of lawsuits with Windhaven. We have received correspondence from FIGA attorneys. The attorneys have requested copies of itemized statements/billing ledgers. In addition, they have requested copies of medical bills/therapy notes.
The reasons for the requests of these documents is so that FIGA can process these claims. It is unsure at this point how that will be done, how long it will take, and how much money you will get. Per statute, the medical provider will not be entitled to interest.
As always, we will continue to keep our clients updated on these matters. We are available to answer any questions regarding this or any other issue. If you have any questions, please feel free to call Attorney Lyle Masnikoff or Attorney Kevin Davies at (772) 461-9181
**Lyle Masnikoff & Associates, P.A.**1645 Palm Beach Lakes Blvd #550 West Palm Beach, FL 33401 (772) 461-9181 www.workerscompfl.net
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This article is general information, not legal advice. Every case is different - call (561) 598-7120 for a free consultation about yours.