More Bad News For Victims Of A Surrogacy Insurance Scandal

In the end, no amount of name acrobatics could save Omega from a disastrous bankruptcy.

Excerpt: “Insurance companies often have a bad reputation for taking premiums from their insured customers and then denying coverage when care is needed. But one insurance company in particular has really caused the industry reputational harm. Readers might recall the scandalinvolving the popular surrogacy-focused health insurance product, PregnancyCare, sold by a company called Omega Family Services (“Omega”). The company was also known as “LyfGro Insurance Solutions” and “Prime Insurance Solutions.” Hindsight is 20/20, but one red flag was that the company was using so many “DBAs” — or “doing business as” company names. In the end, no amount of name acrobatics could save Omega from a disastrous bankruptcy.”

Ellen Trachman is the Managing Attorney of Trachman Law Center, LLC, and a regular contributor to the ‘AboveTheLaw’ platform.