Tag:

rescission

Latest Headlines

Latest Headlines

Blue Shield of California rescinds rate hike

Blue Shield of California has rescinded its plan to raise premiums on its individual policyholders for the third time in the past seven months, raising questions as to how its competitors will

WellPoint accused of misleading public about rescissions

Los Angeles city prosecutors are accusing WellPoint (NYSE: WLP ) of making false and misleading representations of rescission practices in press releases issued earlier this year. This action is the

WellPoint, UnitedHealth Group announce changes in their use of rescission

Under pressure from Congress and growing criticism from providers and patient right groups, health insurance giant WellPoint announced yesterday that it will begin implementing rescission reform on

SPOTLIGHT: WellPoint fights back against new rescission allegations

WellPoint Inc. is fighting mad about a news report that the company conducts targeted rescissions of policyholders with breast cancer and has already forced a partial rewrite for factual errors. On

Insurance company knowingly engaged in rescission efforts against HIV patients, court finds

In upholding a South Carolina county court's ruling from 2004 that insurance company Fortis (now known as Assurant Health) wrongly terminated an HIV patient's health insurance, the state's Supreme

California poised to pass tough anti-rescission bill

It looks like the state of California will pass a tough bill banning health plans from retroactively canceling consumer policies for alleged misstatements in their applications. The practice, known

Blue Shield of California wins recission ruling

Over the past couple of years, California health insurance plans have been getting their clocks cleaned over rescissions of individual health insurance policies. Largely, courts and state agencies

Health Net will pay $1.95 million in recession suit

Marking another landmark in a titanic struggle between health plans, providers and consumers over the right to cancel policies, Health Net has agreed to pay $1.95 million to California hospitals to

California's policy-cancellation war

This year the California health insurance industry fought an entrenched battle with regulators over the right to cancel individual policies--even retroactively--whenever they saw fit. The regulators

CA governor vetoes bill banning some health policy cancellations

After years of controversy, in which the California's Department of Managed Health Care has struggled to stop health plans from retroactively canceling policies, Gov. Arnold Schwarzenegger (R) has