Florida managed care company seized by state loses shot at redemption

Remember Florida Healthcare Plus, the managed care company that looked like it had a shot at redemption following an FBI raid and fraud arrests? Turns out that won't be the case.

State regulators took charge of the managed-care company last week with plans to liquidate it, according to the Miami Herald. Florida Healthcare had its Medicare status suspended in the fall when it failed to meet a $3 million capitalization requirement. The company was reportedly $49,000 short of that mark when it was seized by the state. Article

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