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Rep. Stupak Questions Witnesses On Rescission Triggers
Posted: 31 Jul 2011 04:27 AM PDT
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Rep. Stupak Questions Witnesses On Rescission Triggers
Rep. Stupak Questions Witnesses On Rescission Triggers
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 20000 individual insurance policyholders
have had their policies rescinded by the three insurance companies who
testified today: Assurant, UnitedHealth Group, and WellPoint.
Rep. Stupak Questions Witnesses On Rescission Triggers
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