Get Sick. See Health Insurance Vanish. Watch States Fail to Curb Insurance Company Practice.
Posted on June 5th, 2009 by ICR Bloggers in From Insurance Company Rules
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After the insurance company practice of wrongly rescinding policies once a person becomes sick came to public notice, the state of California created new rules to prevent the practice from continuing. But can a state that was too afraid to try to collect a $1 million fine against an insurance company really curb health insurance industry abuse? Clearly not. That is why President Obama wrote a letter to Senator Edward M. Kennedy and Senator Max Baucus emphasizing the need for a public health insurance plan choice that will "make the health care market more competitive, and keep insurance companies honest."
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