Navigation Links
Draft Rules Won't Stop Insurers' Illegal Cancellations of Health Policies
Date:10/23/2007

F="http://www.consumerwatchdog.org/resources/DRAFTPCUWRegs10-22-07.pdf" target="_new">http://www.consumerwatchdog.org/resources/DRAFTPCUWRegs10-22-07.pdf

FTCR welcomed the draft rules' reaffirmation of the existing legal standard that policy "rescissions" -- retroactive cancellations of coverage -- can legally be carried out only if patients "willfully misrepresented" their health condition when applying for coverage. But FTCR said that such a standard will not protect patients unless an impartial regulator is in charge of deciding whether a proposed cancellation is legal.

Additionally, FTCR said the draft rules are problematic because:

-- Even relief through litigation may be too little, too late. The person whose health coverage has been cancelled is left uninsured and their health put in jeopardy while awaiting legal review.

-- Insurers are allowed to retain investment income they earned off premiums paid on cancelled policies. By retaining investment income, insurers profit directly from illegal rescissions as well as preventing further payouts. Since 2002, the six largest DMHC -- regulated health plans have earned $1.6 billion in investment income on premium payments.

Weak Cancellation Rules Add to Problems With Mandatory Purchase Law

Affordability and enforcement problems with the mandatory purchase of private health insurance, as backed by Gov. Schwarzenegger, are compounded by weak cancellation rules. Under the proposed law, patients whose coverage was improperly rescinded would be required to buy substandard care at a higher price.

"It is absurd that the Governor would even consider requiring patients to buy private health insurance policies at a time when insurers are allowed to flout the law and cancel policies when patients need coverage the most," said Jerry Flanagan of FTCR. "A mandatory purchase regime amounts only to a customer delivery system to an industry whose MO is to put profits before patient
'/>"/>

SOURCE Foundation for Taxpayer and Consumer Rights
Copyright©2007 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine news :

1. NABH Health accreditations final draft to be released by this month
2. New Cardiovascular risk guidelines drafted
3. OPPI Opposes Draft National Pharmaceuticals Policy
4. Smoking Ban Draft Is Put For Consultation
5. Kerala Drafts a New Health Tourism Policy
6. Draft National Policy on Sight-saving Drugs unacceptable
7. FDA changes rules on testing drugs for children
8. Curbing medication errors with new rules
9. Key step forward on International Health Rules
10. U.S. To Tighten Sick Passenger, Quarantine Rules
11. Novel Rules And Regulations For Cardiovascular Catheterization Labs.
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/1/2015)... ... August 01, 2015 , ... Calvary Hospital today announced that it is ... campus. The goal is to bring this Torah – dating from 1880 – back ... and religious services. , Scroll No. 515, from the town of Taus-Domazlice, is ...
(Date:8/1/2015)... ... August 01, 2015 , ... Brig and Lita Hart, icons of the network ... their Healthy Home mission with the HOPE Movement of EvolvHealth. In what has been ... companies have agreed to join their missions of purpose together to change the course ...
(Date:8/1/2015)... , ... August 01, 2015 , ... On Tuesday, July ... , who are thought to have been behind the attack on Anthem Inc. which ... were zero day exploits, watering hole attacks and spear phishing campaigns. , ...
(Date:8/1/2015)... ... August 01, 2015 , ... BeverlyD, owner and founder of BeverlyD Luxe ... the very first small business donation to kick off the campaign for healing and ... Her legacy includes a complete line of raw, organic hair care products, as well ...
(Date:8/1/2015)... ... August 01, 2015 , ... On March 19, 2015 Phil Valentine – the Executive Director of ... Appalachian Trail by stepping off Springer Mountain and heading north. Since that day, Phil ... reached Connecticut and was greeted by friends and family. He visited CCAR and left ...
Breaking Medicine News(10 mins):Health News:Calvary Hospital Announces Plans to Restore Historic Torah 2Health News:Calvary Hospital Announces Plans to Restore Historic Torah 3Health News:Looking for HOPE? Healthy Home Has Evolv’d 2Health News:Looking for HOPE? Healthy Home Has Evolv’d 3Health News:Frenemy at the Gates - Hackers Excel at Leveraging Trust 2Health News:Frenemy at the Gates - Hackers Excel at Leveraging Trust 3Health News:Frenemy at the Gates - Hackers Excel at Leveraging Trust 4Health News:March4thforWellBeing Foundation Kickoff 2Health News:Connecticut Executive Hikes Appalachian Trail to Raise Awareness About Recovery. 2
... begun full-parity plans ahead of deadline; new case studies ... reports the majority of its customers are revamping their ... Act, and that a significant amount already have gone ... 1, 2010. ComPsych Corporation is the world,s largest provider ...
... University of Leeds are working on a new type of body ... cement with recycled carbon fibre materials to make a material tough ... project, still at the early research stage, is being carried out ... Philip Purnell, who is leading the team, said: "By using cement ...
... Improves Patient Care with Automatic Access to Radiology Reports ... a division of Conceptual MindWorks, Inc. (CMI), today announced ... Radiological Association,s (ARA) radiology reports. ARA is one of ... operates 14 outpatient radiology clinics in addition to providing ...
... Innovative new concept caters to active baby-boomer retirees , ... of America (ORCA) has started taking reservations for a program ... private residential cruise ship that also provides both the Independent ... , "People retire to Florida for three things mainly ...
... , CHICAGO, June 29 Rising Financial ... of Rising Medical Solutions, Inc., is pleased to announce ... Business Development for its Medicare Set Aside (MSA) Administration ... , , Abdelsayed joins Rising Financial Solutions (Rising) ...
... , Italy, June 29 Health-Robotics today announced,that ... with Grifols,S.A., the leading Pharmacy Automation provider in ... accurately, and cost-effectively automate,the preparation of non-hazardous IV ... this strategic partnership, Grifols will take,delivery of 120 ...
Cached Medicine News:Health News:Mental Health Parity Act Spurs Early Action Among Employers 2Health News:Sevocity Launches EHR (Electronic Health Record) Interface With Austin Radiological Association 2Health News:Sevocity Launches EHR (Electronic Health Record) Interface With Austin Radiological Association 3Health News:Retirement Cruise Ship Nearing Launch 2Health News:Rising Financial Solutions Taps Director of Business Development for Medicare Set Aside Administration Offerings 2Health News:Health Robotics Announces i.v.STATION(TM) Contract With Grifols in Spain, Portugal and South America 2Health News:Health Robotics Announces i.v.STATION(TM) Contract With Grifols in Spain, Portugal and South America 3
(Date:7/30/2015)... Ohio , July 30, 2015  Cleveland Clinic ... OMTEC® 2015 keynote address last month that industry is ... in order to gain the efficiencies—and develop the transformational ... Dr. Barsoum,s comments were preceded by Doug ... entrepreneur and OMTEC moderator, who stressed that industry must ...
(Date:7/30/2015)... , July 30, 2015  Growth of the ... as they bring former prescription users to the OTC ... Kline forecasts robust Rx-to-OTC switch activity over the ... emerging along with many new brands entering the market ... over the next five years (even those with low ...
(Date:7/30/2015)... 2015 P&S Market ... market overview, trends, DRO analysis, market segmentation, ... developments, competitive scenario and top competitor profiles ... Market Development and Demand Forecast to 2020  ... Explore more about global biosensors ...
Breaking Medicine Technology:Orthopaedic Surgery Reimbursement Shifts to Episode of Care 2Rx-to-OTC Switches -- Game Changers for the U.S. OTC Drugs Market through 2019, Sees Kline 2Rx-to-OTC Switches -- Game Changers for the U.S. OTC Drugs Market through 2019, Sees Kline 3Global Biosensors Market (Size of $12,964 Million in 2014) to Witness 10% CAGR During 2015 - 2020 2Global Biosensors Market (Size of $12,964 Million in 2014) to Witness 10% CAGR During 2015 - 2020 3Global Biosensors Market (Size of $12,964 Million in 2014) to Witness 10% CAGR During 2015 - 2020 4Global Biosensors Market (Size of $12,964 Million in 2014) to Witness 10% CAGR During 2015 - 2020 5
... , WOONSOCKET, R.I., Oct. 15 CVS/pharmacy announced today ... October 22, in light of manufacturer delays in delivery ... However, MinuteClinic will continue to administer seasonal flu ... the flu season with the supply of vaccine replenished ...
... Cynosure, Inc. (Nasdaq: CYNO ... of light-based aesthetic treatment systems, today announced that the company ... 27, 2009 at 9:00 a.m. ET. , On the call, ... President and Chief Financial Officer Timothy Baker will discuss Cynosure,s ...
Cached Medicine Technology:CVS Caremark Announces Updates to Flu Vaccine Program 2CVS Caremark Announces Updates to Flu Vaccine Program 3Cynosure to Announce Third-Quarter 2009 Financial Results on October 27 2
... Nephew ECTRA II systems permit the surgeon ... ligament endoscopically, allowing access via two portals ... endoscopic lens fogging with good air flow. ... and control. ECTRA knives permit the surgeon ...
... Screw System provides a unique option for the ... particularly the opening wedge osteotomy of the first ... Fragment Plate and Screw Set is a complete ... houses the plates, screws, and drills. It provides ...
Micro instruments designed to provide maximum grasping, resecting capability, and excellent maneuverability for easy access to tight, small joints (wrist, elbow, and ankle).,Features pinless hinge d...
Micro instruments designed to provide maximum grasping, resecting capability, and excellent maneuverability for easy access to tight, small joints (wrist, elbow, and ankle).,Features pinless hinge d...
Medicine Products: