UNIVERSAL HEALTH CARE INSURANCE COMPANY, INC.
Company Information
| Name of Company: | UNIVERSAL HEALTH CARE INSURANCE COMPANY, INC. |
|---|---|
| Case Number: | 2013 CA 00358 |
| Guaranty Association: | NOLHGA- National Association |
| Type of Coverage: | Life and Health |
| State of Domicile: | Florida |
| Status of Receivership: | Closed |
| Date of Rehabilitation: | March 22, 2013 |
|---|---|
| Date of Liquidation: | April 01, 2013 |
| Policy Cancellation Date: | April 01, 2013 |
| Claims Filing Deadline: | June 30, 2014 |
| Objection Deadline: | See Below |
| Date of Discharge: | June 30, 2026 |
Notice of Receivership
Effective March 22, 2013, Universal Health Care Insurance Company, Inc. (“UHCIC”) was ordered into receivership for purposes of rehabilitation by the Second Judicial Circuit Court in Leon County, Florida. The Florida Department of Financial Services, Division of Rehabilitation and Liquidation, is the court appointed Receiver of UHCIC. Effective April 1, 2013, pursuant to the Court Order, UHCIC automatically moved into receivership for purposes of liquidation.
Background Information
UHCIC was licensed as a life and health insurance company to write accident and health insurance. The company provided health care coverage to approximately 37,500 Medicare recipients as of February 2013. It was a Florida corporation which was licensed in May 2006 and was headquartered in St. Petersburg, Florida. UHCIC was licensed to write business in Florida and in 24 other states: Alabama, Arizona, Arkansas, District of Columbia, Georgia, Illinois, Indiana, Kentucky, Louisiana, Maryland, Mississippi, Missouri, Nevada, New Jersey, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, South Dakota, Texas, Utah, and Virginia.
Medicare contracts and premiums are administered through the federal Centers for Medicare and Medicaid Services (CMS). The Florida Department of Financial Services worked with CMS to assist CMS in its efforts to provide a smooth transition for Universal Health Care Insurance Company's members to other Medicare providers.
Please Note: Universal Health Care Insurance Company has an affiliated HMO – Universal Health Care (UHC) – which is also subject to this receivership action. See Frequently Asked Questions for UHC.
Distribution
3,109 of 3,148 Distribution checks were mailed on July 19, 2018. Distributions were made at 100% of the recommended amounts in the following classes; Secured Claims, class 2 (Loss), class 4 (Federal Government), class 5 (Employees), class 6 (General Creditors), class 7 (State and Local Government), and class 8 (Late Filed). Refer to Florida Statute 631.271 for additional information on the Priority of Classes. These checks are dated July 19, 2018 and are valid for 90 days from that date. Payees are strongly encouraged to cash their checks as soon as possible.
A letter of instructions accompanies each check with information on how to request a correction in name or address. The deadline date to request such change, and or reissue of a check is Wednesday, October 17, 2018. If you receive inquiries from providers regarding the check, ask them to refer to the Remittance Advice mailed by PayerFusion in 2016. If the provider needs additional information regarding the check, you may refer them to the Receiver's website for further instructions. This is the first of planned distributions.
125 distribution checks were mailed on February 20, 2019. These checks are dated February 15, 2019, and are valid for 90 days from that date. Payees are strongly encouraged to cash their checks as soon as possible.
Distributions were made at 100% of the recommended amounts in the following classes; class 2 (Loss) and class 8 (Late Filed). Refer to Florida Statute 631.271 for additional information on the Priority of Classes.
A letter of instructions accompanies each check with information on how to request a correction in name or address. The deadline date to request such change, and or reissue of a check is May 29, 2019.
Third Distribution:
On February 18, 2021, the Court entered an Order approving the third Final Claims Report and Authorizing the third distribution. This distribution paid two provider claims and the claims of the National Organization of Life and Health Insurance Guaranty Associations. "NOLHGA"
Fourth Distribution:
On February 14, 2022, the Court entered an Order authorizing the Fourth partial Distribution in the UHCIC estate. This distribution paid one claimant.
Fifth Final Distribution:
The Florida Department of Financial Services (“Department") previously distributed 100% of the amounts recommended and allowed on claims in Classes 1 through 9. Thanks to the Department's successful collection efforts, there are now sufficient funds in the UHCIC receivership to distribute interest payments on these claims.
2,978 distribution checks were mailed on November 4, 2025. The checks are dated November 3, 2025, and are valid for 60 days from that date. Payees are strongly encouraged to cash their checks as soon as possible. If the check is not deposited within the allotted time, you will need to recover the funds through the DFS Unclaimed Property process after Universal Health Care Insurance Company, Inc. has been discharged.
*Please note that there will not be any reissued checks in this distribution*
Information about this distribution, is provided below in the Interest Claims section. Information on the court approved methodology for calculating and reporting the interest claims is available below in the Court Documents section.
INTEREST CLAIMS
Under the interest claim methodology approved by the court, the Department filed a Class 10 interest claim on behalf of each of the claimants with an allowed claim in Classes 1 to 9.
What is the methodology the Department used regarding the interest claims?
The Department's methodology for calculating and reporting interest claims was approved by court order on August 19, 2022. The motion and the order are available at the bottom of this page under “Related Documents", “Court Documents".
The methodology included:
- Establishing a Class 10 interest claim for each of the claimants with an allowed claim in Classes 1 through 9;
- Establishing the start and end dates for the interest accrual period:
- Pursuant to s. 631.271(1)(j) Florida Statutes, interest accrues from 4/1/2013 (the date the UHCIC liquidation order became effective) through and including the date the Court approved the distribution of a claim in Classes 1-9.
Interest Accrual Start Date | Interest Accrual End Date | |
First Distribution | 4/1/2013 | 6/25/2018 |
Second Distribution | 4/1/2013 | 1/3/2019 |
Third Distribution | 4/1/2013 | 2/18/2021 |
Fourth Distribution | 4/1/2013 | 2/14/2022 |
- Establishing the interest rate to be used in the calculation
- Interest rates are established by the Chief Financial Officer pursuant to s. 55.03 Florida Statutes. These rates are published by the Department of Financial Services at: https://www.myfloridacfo.com/division/aa/local-governments/judgement-interest-rates
- The initial rate of interest will be the rate corresponding with the quarter the liquidation order was entered.
- The rate of interest will be adjusted on January 1 of each year in accordance with the rate set by the Chief Financial Officer.
Effective Date | Rate Per Annum |
4/1/2013 | 4.75% |
1/1/2014 | 4.75% |
1/1/2015 | 4.75% |
1/1/2016 | 4.75% |
1/1/2017 | 4.97% |
1/1/2018 | 5.53% |
1/1/2019 | 6.33% |
1/1/2020 | 6.83% |
1/1/2021 | 4.81% |
1/1/2022 | 4.25% |
- Establishing that the interest calculation will be a simple interest calculation.
- Reporting the Department's recommendations regarding each interest claim in an interim claims report for approval by the Court
- This was done in the 5th Interim Claims Report. The motion and the order are available at the bottom of this page under “Related Documents", “Court Documents".
- Providing notice to each claimant of the amount recommended on their interest claim and the deadline and process for filing any objections.
I am a medical provider and I don't know to which patient this interest claim relates. Do I need to know the applicable patient account to know that the interest calculation is correct?
No. Patient level detail was not part of the methodology for calculating the interest amount.
How do I know that the interest calculation for my claim is correct?
The calculation of each interest claim is tied to the date the court entered an order approving a distribution on the claimant's underlying approved claim in Classes 1-9. There have been four distributions. The approved interest calculation for each distribution is published in Composite Exhibit B of the 8/16/22 Motion to Approve Methodology & Plan for Calculating Interest Claims. The motion is available at the bottom of this page under “Related Documents", “Court Documents".
If you need further information regarding the calculation of your interest claim, please send your request to the Department using the Contact Us Form
I never received my initial distribution check. Does that affect the interest calculation?
No.
Another medical provider told me that he/she received an NOD for an interest claim but I did not receive one. Do I have an interest claim?
Under the interest claim methodology approved by the court, the only claimants that are eligible to have a Class 10 interest claim are those claimants with an allowed claim in Classes 1 to 9. If you did not receive an NOD but think that one should have been sent to you, please send your request to the Department using the Contact Us Form
Please send your request to the Department using the Contact Us Form
What are reasons why I may not have received a distribution check that I am owed?
The Department may not have been able to send a distribution check even if payment was initially authorized by the Court. The Department also may have tried to send a distribution check but it was returned as undeliverable. Reasons why a distribution check may not be reflected as having been paid include:
- Mailing address information on file was incorrect or undeliverable;
- W9 information was not provided or did not match the underlying claim information;
- A check was mailed but was never cashed.
Please send your request to the Department using the Contact Us Form
Estate Closed
The Department was discharged of all of its responsibilities in administering this estate and the estate was closed at 11:59 PM on June 30. 2026.
Unclaimed Property From Previous Distributions
Pursuant to the Distribution Orders, all uncashed distribution checks were sent to the Department of Financial Services, Division of Unclaimed Property. The Division of Unclaimed Property may be reached at:
fltreasurehunt.gov
Phone: (850) 410-9253
Toll Free: 1-888-258-2253 (Florida only)
Florida Department of Financial Services
Division of Unclaimed Property
P.O. Box 1910
Tallahassee, FL 32301-1910
Related Documents
The following documents are provided as Adobe Acrobat PDF files and are best viewed using the free Adobe Acrobat reader software.
Court Documents
Notices
| Date | Title | Size |
|---|---|---|
| 05/03/2024 | Notice of Determination for the Fifth Interim Claims Report | 181K |
| 06/23/2016 | Notice to Medical Providers Concerning Assignment of Claims | 132K |
| 05/01/2014 | Pennsylvania - Notice to Managed Care Enrollees on behalf of PLHIGA | 169K |
| 05/01/2014 | Ohio - Notice to Managed Care Enrollees on behalf of OLHIGA | 169K |
| 05/01/2014 | Arizona - Notice to Managed Care Enrollees on behalf of ALDIGF | 170K |
| 05/01/2014 | North Carolina - Notice to Managed Care Enrollees on behalf of NCLHIGA | 170K |
| 05/01/2014 | Mississippi- Notice to Managed Care Enrollees on behalf of MLHIGA | 170K |
| 12/20/2013 | Interim Notice to Providers | 154K |
| 08/07/2013 | Notice To Claimants (including Providers) | 126K |
| 04/05/2013 | Notice to Agents Regarding Liquidation | 184K |
| 04/05/2013 | Notice to Agents - Spanish Version | 198K |
| 03/29/2013 | Notice to Providers - Spanish Language Version | 176K |
| 03/29/2013 | Notice to Providers Regarding Liquidation | 169K |
| 03/26/2013 | Notice to Policyholders - Spanish Language Version | 171K |
| 03/26/2013 | Notice to Policyholders Regarding Liquidation | 176K |