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Health Insurance Companies Under Fire for Canceling Policies of Patients With High Medical Bills; Fortis/Assurant Health to Pay $10 Million Penalty; Healthcare Industry Today Offers Complete Coverage

by WebMaster
September 19, 2009
in Business, Press Release
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Health Insurance Companies Under Fire for Canceling Policies of Patients With High Medical Bills; Fortis/Assurant Health to Pay $10 Million Penalty; Healthcare Industry Today Offers Complete Coverage

WASHINGTON, September 18 – /EIN Presswire/ The South Carolina Supreme Court has ordered insurance company Fortis, now known as Assurant Health, to pay $10 million for wrongly revoking the insurance policy of a 17-year-old college student after he tested positive for HIV. The court called the 2002 decision by the insurance company “reprehensible”.

Lawsuits continue to be instituted against insurance companies who have cancelled policies. Rather than fight fraud, rescission has devolved into a backdoor route for insurance companies to stop paying the medical bills of people in their time of greatest need.

Are you satisfied with the way your regular news sources report on these important stories? If not, try Healthcare Industry Today (http://health.einnews.com/) for free to see what you may have been missing.

See:
— Fortis/Assurant Health News – http://health.einnews.com/news/assurant-health-fortis
— Health Care Insurance & Medical Bills News – http://health.einnews.com/news/health-care-insurance-medical-bills
— Latest Healthcare News – http://health.einnews.com/

For a free trial to Healthcare Industry Today, go to:
http://health.einnews.com/users/register.php

About EIN Presswire, http://www.einpresswire.com

EIN Presswire is a news-syndication solution that distributes news to more than 10 million visitors annually at EIN News and millions more through its press release distribution partners. A news source for leading journalists, decision-makers and industry professionals worldwide, EIN Presswire targets press releases to a wide array of worldwide business professionals in more than 80 different industries. EIN Presswire also offers affiliate network opportunities and news distribution to tens of thousands of news subscribers daily. Read the newest business news at http://www.einpresswire.com and the latest world news in more than 80 different industries at http://www.einnews.com

Contact:

EIN News
[email protected]
Tel: +1 202 657 5158
Fax: +1 202 478 2767
http://www.einnews.com/

WebMaster

WebMaster

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