May 3, 2010

Despite New Health Care Law, Health Insurers Still Try to Rescind Policies of the Sick

Last week, a Reuters investigation revealed that Wellpoint, the country’s largest health insurer, was dropping coverage for women after they developed breast cancer.

The guidelines of Obama’s new health care law, which prohibit this type of insurance malfeasance, do not take effect until September 23, 2010. So, what better time for Wellpoint to start cancelling policies – before the law becomes the law and after learning that some of its insureds have developed breast cancer. Healthcare reform aims to end this conduct, but it is most certainly bad faith for carriers to cancel coverage of its sickest insureds before it starts in September.

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