Health Insurers – External Review of Cancellations Needed (Post 1)
Insurers in the United States have expressed concern about the current status of the health care industry and say that there may be a need for intervention from a third party that would oversee and review policy cancellations due to default or rescission. The industry has suffered a lot of bad press with court decisions ruling in favor of clients who have turned to the courts for their claims processing. The legal system has labeled us as the bad guys and we mostly if not always have to end up paying the huge numbers of these unjust claims. The result is that the industry has had to pass on some of these costs to our customers jacking prices so high less Americans can afford them.