An investigation by the House Subcommittee on Oversight and Investigations showed that health insurers WellPoint Inc., UnitedHealth Group and Assurant Inc. canceled the coverage of more than 20,000 people, allowing the companies to avoid paying more than $300 million in medical claims over a five-year period.
It also found that policyholders with breast cancer, lymphoma and more than 1,000 other conditions were targeted for rescission and that employees were praised in performance reviews for terminating the policies of customers with expensive illnesses.
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Why bother buying insurance to begin with if they're just gonna drop you when you need them the most? Slimy fuckers ...
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The executives -- Richard A. Collins, chief executive of UnitedHealth's Golden Rule Insurance Co.; Don Hamm, chief executive of Assurant Health and Brian Sassi, president of consumer business for WellPoint Inc., parent of Blue Cross of California -- were courteous and matter-of-fact in their testimony.
But they would not commit to limiting rescissions to only policyholders who intentionally lie or commit fraud to obtain coverage, a refusal that met with dismay from legislators on both sides of the political aisle. [my ems]
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Fuck them, especially when you see what they're getting paid (click on the link). You know why these motherfuckers have the balls to show their ass to Congress? Becuse half the twits asking them questions also take lobbying money. The insurance execs know that no matter what our spineless reps say in the committee room, they'll vote for whatever the insurance industry says they should.
In a perfect world, there would be no argument that single-payer is the way to go but we won't get anything even closely resembling it. In the end, the insurance companies will make out and we'll end up paying more, either through increased taxes or directly, in higher premiums. It'd be nice if the people we elect to represent us would actually give a shit about us rather than protecting a source of campaign donations.
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