FOR IMMEDIATE RELEASE:
8/2/2017
FOR INFORMATION, CONTACT:
Tracy Imm, 410-468-2206

Court Issues Order Regarding Evergreen Health, Inc.

BALTIMORE — On July 31, 2017, Maryland Insurance Commissioner Al Redmer, Jr. petitioned the Circuit Court for Baltimore City for an order to rehabilitate Evergreen Health, Inc. with the company’s consent.  Judge Yolanda Tanner signed the Order of Rehabilitation by Consent (Court Order).
 
The Court Order formally places Evergreen Health, Inc. (Evergreen) into receivership and appoints Risk & Regulatory Consulting, LLC as the receiver.  The receiver will take possession of Evergreen and, under the general supervision of the Court, will administer the company pursuant to the Court Order and in accordance with Maryland law.
 
On July 25, 2017 Commissioner Redmer issued an Administrative Order prohibiting Evergreen Health from making any disbursement, payment or transfer of assets, or issuing or renewing any insurance policies, without the prior approval of the Commissioner.  For information related to the Administrative Order and the Court Order, go to:
 
Evergreen currently provides health insurance to approximately 25,000 Maryland residents. Policyholders should continue to pay their premiums to ensure coverage remains in force.
 
  • Contact Information for Evergreen Health Policyholders:
    Evergreen policyholders may obtain information online at https://www.evergreenmd.org or by calling Member Services at 855-978-3282.

About the Maryland Insurance Administration


The Maryland Insurance Administration is an independent State agency charged with regulating Maryland’s $28.5 billion insurance industry. For more information about the Insurance Administration, please visit www.insurance.maryland.gov or follow us on Facebook at www.facebook.com/MDInsuranceAdmin or Twitter at @MD_Insurance.

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