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Healthcare/Hospital Law

Jul. 29, 2008

State Closes Book on Illegal Policy Rescissions

The state's HMO watchdog agency this month closed its sweeping yearlong investigation into the insurance industry's controversial procedure of canceling policyholders' medical coverage after they fall ill - a practice known as rescission - by announcing a final round of fines and settlements with California's five major health plans.

By Evan George
Daily Journal Staff Writer
This article appears on Page 1

      LOS ANGELES - The state's HMO watchdog agency this month closed its sweeping yearlong investigation into the insurance industry's controversial procedure of canceling policyholders' medical coverage after they fall ill - a practice known as rescission - by announcing a final round of fines and settlements with California's five major healt...

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