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Consumer Watchdog
Aetna's Voluntary Outside Review of Rescissions Is Not Enough to Protect CA Patients
October 12th, 2008
New legislation awaiting Governor Schwarzenegger's signature is needed to protect Californians from future cancellations of coverage when they get sick and need coverage the most, said Consumer Watchdog. Watch an excerpt of this year's State of the State address in which Governor Schwarzenegger promised to protect Californians from retroactive insurance cancellations on You Tube: http://www.youtube.com/watch'v=FULW3aNsS4Y The announcement by Aetna that it would voluntarily subject retroactive cancellations of coverage - rescissions - to reviews by three-member physician panels does not sufficiently protect current and future policyholders. Consumer Watchdog said that...
Source: Pharma Investments, Ventures & Law Weekly (2008-10-12)
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