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The ACA made rescission of health insurance more difficult for insurers, but it absolutely happens. There are people at insurers tasked with looking for fraudul
by EvanAnderson 3mo ago
The ACA made rescission of health insurance more difficult for insurers, but it absolutely happens. There are people at insurers tasked with looking for fraudulent omissions in policy applications for high loss ratio individual policyholders to target for rescission.
This one is pre-ACA but the insurer focused on an "omission" to justify the rescission: https://www.cnn.com/2009/POLITICS/06/16/health.care.hearing/index.html https://www.cnn.com/2009/POLITICS/06/16/health.care.hearing/...
- pyuser583 3mo agoThis is strange - I work in insurance, and you really aren’t allowed to do that after the policy is signed. Or at least it’s very tightly controlled and limited to straight up fraud.