Regulatory Alerts2026-04-27
Added · Updated
State orders ClearShare to cease and desist insurance operations in Oregon; warns consumers on non-ACA plans
The Oregon Division of Financial Regulation has ordered ClearShare Health and its affiliated entities to immediately cease and desist from marketing, selling, or collecting payments for its medical membership plans in the state. The enforcement action classifies these plans as unlicensed insurance under Oregon law and proposes revoking the producer licenses of Clearwater Benefits LLC and Douglas Sherman for illegally transacting insurance and operating an unlicensed third-party administrator business. While new sales and solicitations are strictly prohibited, existing members may continue to receive administrative processing for submitted claims, and respondents have 20 days to request a formal administrative hearing before a final order is issued.