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Largest U.S. Health Insurer Rewarded Employees That Cancelled Coverage of Sick Patients
Date:6/16/2009

a clear message that insurance companies and HMOs cannot be trusted with our health. New accountability and a competitive public alternative to the for-profit insurance market are the only paths to halt insurers from bankrupting, even killing their patients to increase profit."

According to documents obtained by the subcommittee, one employee of Blue Cross, a subsidiary of Wellpoint, received a perfect score of "5" in a company performance review after saving the company nearly $10 million through policy rescissions. Three insurance companies -- WellPoint, Golden Rule (owned by United Health) and Assurant -- rescinded more than 20,000 policies over five years and refused to pay for more than $300 million in medical expenses, according to documents uncovered by the committee.

Download the WellPoint "performance reviews" here: http://www.ConsumerWatchdog.org/resources/PerformanceReviews.pdf

Review other committee documents here: http://energycommerce.house.gov/index.php?option=com_content&view=article&id=1671:energy-and-commerce-subcommittee-hearing-on-terminations-of-individual-health-policies-by-insurance-companies-&catid=133:subcommittee-on-oversight-and-investigations&Itemid=7

Last week Consumer Watchdog called for new legal accountability of health insurers. Download that letter here: http://www.consumerwatchdog.org/patients/articles/?storyId=27748

Wittney Horton of Los Angeles,
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SOURCE Consumer Watchdog
Copyright©2009 PR Newswire.
All rights reserved

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