Federal judge confirms Sharity’s liquidation plan

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Dec. 15 — A federal judge upheld the plan to liquidate the bankruptcy of a nonprofit health care organization that offers an alternative to traditional health insurance, according to the Insurance Department.

Sharity Ministries Inc. (formerly known as Trinity Healthshare, Inc.), has filed for Chapter 11 protection and has gone out of business. The United States Bankruptcy Court for the District of Delaware by Sharity upheld the liquidation plan earlier this month.

Sharity Ministries operates as a shared health care ministry. Members pay premiums and voluntarily agree to share their medical expenses in accordance with their Christian beliefs, according to the company’s previous website.

In October 2019, the New Hampshire Department of Insurance ordered Sharity, as well as the Aliera companies, which had administered and marketed health coverage, to stop issuing new plans or renewing coverage in the state after have received dozens of complaints. At the time, approximately 1,400 New Hampshire residents had signed up for these plans.

Consumers who had a plan with Sharity, Aliera Healthcare or Trinity Healthshare will see a claim open for them automatically and may be eligible for collection through the bankruptcy action in Delaware, according to the press release.

Claims are based on the greater of two digits: a member’s total monthly payments to Sharity or their total gross unpaid medical bills. In most cases, however, the money recovered will likely be a fraction of the total, the release said.

“I urge affected consumers to take the necessary steps to insure themselves and their families. NHID has a wealth of resources to help you navigate the market and find the best plan for your particular situation. “NHID Commissioner Chris Nicolopoulos said in a statement. .

Any consumer wishing to modify their complaint must do so immediately at onlineclaims.bmcgroup.com/sharity/claim/Filing410. Amended applications must be submitted no later than midnight on January 4.


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