Health Republic Insurance of New York
Liquidation Administration Website

Brokers

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Liquidation Proceeding and Claims Process

On April 22, 2016, the Superintendent of Financial Services of the State of New York commenced a liquidation proceeding for Health Republic in the Supreme Court of the State of New York. Health Republic consented to the proceeding.

On May 10, 2016, a New York State Supreme Court judge approved a Liquidation Order that authorized the liquidation proceeding and appointed the Superintendent as the Liquidator. The Liquidation Order also directed the Liquidator to take possession and control of Health Republic’s property and assets and to liquidate Health Republic’s business and affairs in accordance with the New York Insurance Law. The Liquidation Order is posted in the Key Legal Documents section of this website.

Based on the information available to date, it is highly unlikely that Health Republic will have sufficient funds to pay any claims against Health Republic other than (1) claims for administrative expenses (i.e., expenses incurred in administering the liquidation proceeding) and (2) a portion of the claims under Health Republic policies submitted by providers and members. Under the New York Insurance Law, administrative expenses and claims arising under policies must be paid in full before any other claimants may receive distributions. Health Republic does not anticipate being able to pay claims of brokers who may be owed commissions. For this reason, brokers should not file claims against Health Republic at this time. Please check this website periodically for updated information on the claims process.

Additional information regarding the liquidation can be found on the Frequently Asked Questions page.

1099 Tax Form Inquiries

If you have any questions about your 1099 form, you may submit them directly using the "Submit an Inquiry or Complaint" link at the top of this page.

If you require assistance with submitting an inquiry or complaint regarding your 1099 form, please call (866) 680-0893 (toll-free) or you may mail it directly to:

Health Republic Insurance of New York Case Administration
c/o GCG
PO Box 10266
Dublin, OH 43017-5766