Health Insurers – External Review of Cancellations Needed (Post 2)
The solution would be as they proposed, is to form a regulatory body or arbitrary court of sorts to oversee the cancellation process without going to court to see if their actions were indeed right to rescind the contracts. The industry of course follows rules set by the insurance board regarding these cancellations but the process is varied and a standardized approach might solve some of the problems plaguing the system. Consumers are first, and they need protection just as we do from unjust claims which can be due largely to pre-conditions that were either deliberately left out by the insured/client due to possible denial of coverage by the many insurance firms operating within the United States. The arbitrary process would ensure that there is ample ground for a case to be filed or denied in court with the review of all presented documents.