LANSING – Office of Financial and Insurance Regulation (OFIR) Commissioner Ken Ross has taken action to protect approximately 42,000 consumers who are insured by American Community Mutual Insurance Company. Ingham County Circuit Court Judge William Collette today approved Ross’ Transition Plan Agreement between American Community and UnitedHealthcare’s Golden Rule Insurance Company. On April 8th, 2010, Judge Collette issued a rehabilitation order placing American Community into rehabilitation and named Ross as the company’s rehabilitator.

The Transition Plan Agreement approved today provides existing American Community individual medical policyholders the option to transfer their coverage to Golden Rule on an expedited, yet orderly, basis.

"The court's order allows us to protect Michigan consumers, as well as policyholders in at least 14 other states,” Ross said. “This agreement provides consumers with an option to transfer their coverage from American Community to Golden Rule Insurance Company, a well-respected, well-known and financially sound insurer.”

Consumers with questions regarding the transfer should contact American Community customer service toll-free at 800-991-2642. American Community’s current individual medical policyholders will have the opportunity to transfer to Golden Rule on a guaranteed coverage basis.

“Golden Rule is pleased to work with the Michigan Office of Financial and Insurance Regulation to help American Community customers with access to quality and affordable health care without lapses in coverage,” Richard A. Collins, Golden Rule  CEO said today. “For the first time, these new customers will also be able to take advantage of the additional savings offered by UnitedHealthcare's extensive national network of physicians and hospitals.”

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About UnitedHealthcare’s Golden Rule Insurance Company:

Media contact:  Ellen Laden at 317-715-7843

UnitedHealthcare’s Golden Rule Insurance Company has been a leading provider of health insurance for individuals and families for more than 60 years. Golden Rule offers consumers a wide range of health plans to meet both their budget and health care needs, including lower-cost high deductible plans, health savings account plans and traditional co-pay plans. Golden Rule is rated "A" (Excellent) by AM Best and "A +" (Strong) by Standard & Poor's. Golden Rule became a UnitedHealth Group company in 2003. UnitedHealthcare's individual line of business currently offers health plans in 38 states and the District of Columbia.