Insurers Revoke Plans To Avoid Paying For Patients With High Costs
A Congressional committee recently turned its attention to rescission, a practice where insurers retroactively revoke plans to avoid paying high costs. NPR reports: “According to a new report by congressional investigators, an insurance company practice of retroactively canceling health insurance is fairly common, and it saves insurers a lot of money.
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Filed under: Health Insurance / Medical Insurance on June 25th, 2009
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