Riverstone Capital & Nexgen Insurance Services
Instructions to Employers on Progress Reports
As a part of the court approved Revised Plan of Liquidation, Sponsoring employers of health plans in the Riverstone MEWA are to report their progress in the negotiation/payment of the claims that were listed on the June 14, 2019 and June 28, 2019 claims runs. Those progress reports are to be made to Mr. Rob Moore at Receivership Management Inc., the Independent Fiduciary. The progress reports should consist of the following:
1. A narrative report of the sponsoring employers activities and efforts to resolve the claims on their claims runs signed by an officer of the sponsoring employer.
2. A copy of each of the claims runs received noting on the claims run whether each claim is: a)pending, b)negotiated and paid, or c)paid.
These progress reports may be emailed to Mr. Moore at email@example.com referencing in the Subject line: Riverstone Progress Report. Because these claims runs contain protected health information, you may wish to send them through a secure portal to Mr. Moore. If you do not have a secure portal, please advise Mr. Moore at the email address above and a dropbox link will be forwarded to you.
Should you wish to fax the reports the fax number is 615-373-4336
Should you wish to mail the reports mail to:
Mr. Robert Moore, Jr.
Receivership Management Inc.
510 Hospital Drive, Suite 490
Madison, TN 37115
REMEMBER YOUR FIRST REPORT IS DUE TO MR. MOORE ON AUGUST 15, 2019.
Information Regarding the Approved Plan of Liquidation
Order Granting Independent Fiduciary's Motion to Approve Revised Plan of Liquidation
The Template Letter and Release Form linked below is to be used by employers or their agents when they have reached a negotiated agreement with the medical provider to accept payment by the employer of an amount less than what is owed by the Riverstone MEWA Health Plan. THIS COMPLETED RELEASE CONTAINING THE SIGNATURE OF THE MEDICAL PROVIDER AND THE EMPLOYER SHOULD BE SUBMITTED BY THE EMPLOYER TO THE INDEPENDENT FIDUCIARY ALONG WITH THE PROOF OF CLAIM FORM WHEN THE EMPLOYER IS SEEKING REIMBURSEMENT FOR AMOUNTS IT HAS PAID ON BEHALF OF THE RIVERSTONE MEWA HEALTH PLAN. FAILURE TO SUBMIT COMPLETED RELEASE FORMS ALONG WITH A COMPLETED PROOF OF CLAIM FORM MAY RESULT IN NO CREDIT FOR THE PAYMENT OF THE
Information and Court Filings Concerning the Proposed Orderly Plan of Liquidation
Proposed Order Granting Motion to Approve the Plan of Liquidation
Important news about Plan Termination
On February 7, 2019, the U.S. District Court for the Central District of California, as a part of its Temporary Restraining Order under the provisions of the All Writs Act, 28 U.S.C. § 1651 enjoined and stayed all proceedings against participants, beneficiaries, the Riverstone MEWA Plan, employer plans participating in the Riverstone MEWA Plan, and plan assets. The Court’s Order stays all federal and state court proceedings, including collections actions, against participants and beneficiaries for unpaid medical claims.
Urgent health claims with date of service February 7,2019 forward until further orders of the Court will be paid, including prescription drug costs, under the terms of the Plan. Questions regarding the current status of the plan may be directed to 615-370-0051 or emailed to firstname.lastname@example.org. Please reference in the subject "Riverstone"