Let’s hope this battle doesn’t require hospitalization for either opponent. In one corner you’ve got Anthem, which needs a 35% rate increase in California, despite making billions in profits. In the other corner is Assurant, who targeted and subsequently dropped HIV patients from its insurance rolls. [More]
assurant health
Insurance Company Intentionally Targeted, Dropped HIV Patients
If you’re not familiar with the concept of rescission, it’s a lovely business practice of health insurance companies in which they examine patients records to find a reason to “rescind” coverage after finding out that a customer has a life-threatening illness. This saves them money. That’s not news. What is news is that according to new documents revealed in a court case, one insurer “Fortis” (now known as Assurant Health) specifically targeted people who were newly diagnosed with HIV. [More]