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Health Insurance Glossary
define:
rescission
Rescission is an insurance industry practice in which an insurer takes action retroactively to cancel a policy holder’s coverage by citing omissions or errors in the customer’s application, even if the policy holder has been diligently keeping their policy current. As of September 2010, rescission is no longer allowed except where fraud is proven. Related term: pre-existing conditions.
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Health care reform blog
In sickness and in health
"Mr. and Mrs. Romney might ponder why so many people whose lives have been altered by chronic disease and disability become passionate supporters of health reform. Some of these advocates directly experience medical-economic hardship. Others have not faced the most punishing financial consequences." More...
Maggie Mahar: Republican budget plan could deliver crushing blow to Medicare
Robert Greenstein, President of the Center on Budget Policy and Priorities (CBPP) dubbed Ryan's proposal "Robin Hood in reverse – on steroids. It could likely produce the largest redistribution of income from the bottom to the top in modern U.S. history." More...