Changes To Rescission Of Insurance Policies In Calif.

Law360, New York (August 26, 2010, 4:27 PM EDT) -- Rescission of health insurance policies occurs when an insurer cancels existing coverage on the grounds that the insurer was misled in issuing the policy. In the past, we have reported on an increased number of rescissions — compounded by egregious results to insureds — that has increased scrutiny by regulators, doctors and plaintiffs’ lawyers, who have all described insurers as too quick to rescind coverage for ill insureds. The issue of rescissions of health care policies has attracted national attention in the health care debate and...
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