Healthcare CEOs and Rescission

U.S. health insurance executives are simply evil bastards:

The sister of an Illinois man who died of lymphoma said his policy was rescinded for the failure to report a possible aneurysm and gallstones that his physician noted in his chart but did not discuss with him. […] Late in the hearing, [Bart] Stupak, the committee chairman, put the executives on the spot. Stupak asked each of them whether he would at least commit his company to immediately stop rescissions except where they could show “intentional fraud”.

The answer from all three executives: “No.”

In other words, even if you pay your premiums for years, if you ever fall seriously ill, they will do their best to find a way to cancel your insurance.

★ Wednesday, 17 June 2009