Largest Health Insurer Rewarded Employees for Canceling Sick Patients

The health insurance industry managed to sink to a new low this week when a congressional committee revealed that it is common practice for insurers to pay their employees incentives for canceling the policies of sick patients. Documents obtained by the House Subcommittee on Oversight and Investigations of the Committee On Energy and Commerce showed how insurance company workers for WellPoint received high marks on performance reviews after saving millions of dollars in costs through the practice of “rescission,” or retroactively canceling policies on technical grounds. Three insurance companies—WellPoint, Golden Rule (owned by United Health) and Assurant—rescinded more than 20,000 policies over five years and refused to pay for more than $300 million in medical expenses.
- Top Stories
- Unusual News
- Where is the Money Going?
- Controversies
- U.S. and the World
- Appointments and Resignations
- Latest News
- Musk and Trump Fire Members of Congress
- Trump Calls for Violent Street Demonstrations Against Himself
- Trump Changes Name of Republican Party
- The 2024 Election By the Numbers
- Bashar al-Assad—The Fall of a Rabid AntiSemite
Comments