rescission

Adam Fagen

At Least 10 Students Lose Harvard Acceptance For Posting Ill-Advised Memes On Facebook

At least 10 students who had been accepted as members of Harvard’s Class of 2021 have already learned an important lesson about real-life consequences for online behavior. They had their offers of admission rescinded after the college learned that they had been posting wildly inappropriate memes on a private Facebook group. [More]

Insurance Company Intentionally Targeted, Dropped HIV Patients

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]

Insurer To 17-Year-Old: Your Parents Lied On Application, Good Luck Paying Your Bills

Insurer To 17-Year-Old: Your Parents Lied On Application, Good Luck Paying Your Bills

The Chicago Tribune says that when 17-year-old Brianna Rice was diagnosed with celiac disease in February — she had insurance. Her insurance company, however, has rescinded that coverage because her parents allegdly lied on her application — by neglecting to mention her troubling medical history of dizziness, elevated cholesterol levels, ongoing fatigue and a persistent cough.

Insurance Industry Still Wants To Cancel Sick People's Coverage

Insurance Industry Still Wants To Cancel Sick People's Coverage

As the federal government debates health care reform, the health insurance industry has some news for us. They’re not going to stop canceling people’s policies after they get sick. Nope. No way.

California To Fight Health Insurance Rescissions?

California To Fight Health Insurance Rescissions?

The LA Times is reporting that California Insurance Commissioner Steve Poizner will reveal new regulations aimed at stopping a controversial health insurance practice in which customers with costly illnesses are retroactively dropped.