Posts Tagged ‘Rescission Practices’

Peggy Raddatz: It Was Unethical

July 17, 2010 - 10:35 pm 25 Comments

Today, the Energy and Commerce Subcommittee on Oversight and Investigations held a hearing entitled “Terminations of Individual Health Policies by Insurance Companies.” The hearing examined the practice of “post-claims underwriting,” which occurs when insurance companies cancel individual health insurance policies after providers submit claims for medical services rendered.

Peggy Raddatz testified about her brother’s experience:

What the Fortis Insurance Company did was unethical. To deny a dying person necessary medical treatment based upon medical conditions a patient has never had knowledge of, never complained about or never been treated for is cruel.

It is our hope that this information will benefit other patients who are in need of life saving medical treatments and who do not have the knowledge or means necessary to fight against the health insurance companies. It is further our desire to expose these practices of Fortis Insurance Company so that others do not suffer as their victims.

Duration : 0:8:5

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Rep. Stupak Questions Witnesses On Rescission Triggers

July 16, 2010 - 6:19 pm 25 Comments

Today, the Energy and Commerce Subcommittee on Oversight and Investigations held a hearing entitled “Terminations of Individual Health Policies by Insurance Companies.” The hearing examined the practice of “post-claims underwriting,” which occurs when insurance companies cancel individual health insurance policies after providers submit claims for medical services rendered.

The Committee conducted an investigation into the
practice of health insurance rescission, and the results were alarming. Over the past five years, almost 20,000 individual insurance policyholders have had their policies rescinded by the three insurance companies who testified today: Assurant, UnitedHealth Group, and WellPoint.

Duration : 0:6:11

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Chairman Stupak on Rescission Practices of Health Insurance Companies

July 16, 2010 - 6:09 pm 25 Comments

Today, the Energy and Commerce Subcommittee on Oversight and Investigations held a hearing entitled “Terminations of Individual Health Policies by Insurance Companies.” The hearing examined the practice of “post-claims underwriting,” which occurs when insurance companies cancel individual health insurance policies after providers submit claims for medical services rendered.

The Committee conducted an investigation into the
practice of health insurance rescission, and the results were alarming. Over the past five years, almost 20,000 individual insurance policyholders have had their policies rescinded by the three insurance companies who testified today: Assurant, UnitedHealth Group, and WellPoint.

Duration : 0:5:48

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