rescission news from FierceHealthcare
News
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... Read more...
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... Read more...
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... Read more...
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... Read more...
CA residents to get renewed health coverage
About 3,400 California consumers whose individual policies were improperly revoked will soon get invitations to rejoin their health plan. The letters are being sent out as part of a batch of... Read more...
WellPoint loses money for Q2, but still pleases investors
Giant health plan WellPoint had what most financial types would consider a tough second quarter, with earnings falling 10 percent and its overall profit predictions for 2008 falling. Still, given... Read more...
CA Blue plans will pay $13M in fines over cancellations
Two of the state of California's largest health plans have agreed to pay a combined total of $13 million in fines related to their practice of rescinding policies for members after those members... Read more...
L.A. sues Blue Shield of CA over cancellations
Engaging in yet another battle with the state's health plans, Los Angeles City Attorney Rocky Delgadillo has filed a lawsuit contending that Blue Shield of California illegally canceled the policies... Read more...
PacifiCare restores canceled policies
Health plan PacifiCare of California has agreed to restore coverage to consumers whose individual policies, the state says, were canceled unfairly. Under the terms of its agreement with state's... Read more...
