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Health Insurance
CA Legislature's 'Reform' of Health Insurance Cancellations Resembles Insurance Industry's Own Plan; Insurers, Satisfied With Getting a Legal Edge Against Patients, Drop Op
July 13th, 2008
Consumer Watchdog warned today that a new bill to be voted on tomorrow would make it more difficult for patients to recover unpaid medical bills resulting from cancellations of coverage, even when the cancellations were illegal and unwarranted. The legislation and recent settlements with regulators are part of an industry lobbying effort to shield themselves from legal liability under the guise of reform. AB 1945 by Assemblyman Hector De La Torre, before the Senate Judiciary Committee tomorrow, would allow regulators to outsource oversight of policy cancellations to private companies, even though such companies operate under financial incentives that favor health...
Source: Pharma Investments, Ventures & Law Weekly (2008-07-13)
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