Biz, U.S.: Washington hawking over WellPoint’s crappy insurance practices
- As you know, the practice described in this article will soon be illegal. The Affordable Care Act specifically prohibits insurance companies from rescinding policies, except in cases of fraud or intentional misrepresentation of material fact.
- Health and Human Services Secretary Kathleen Sebelius • In a letter to health insurer WellPoint regarding a Reuters article that ran yesterday. The article suggested that breast cancer patients were specifically targeted in investigations in an effort to find a way to cancel their insurance. This crappy practice, by the way, is banned in the new health care law, but experts say the bill lacks the teeth to actually stop it. source