Insurance in California
AB 1945 (amendment to Section 10384 of the Insurance Code) recently passed in the State of California in light of all the recent publicity from insurance policy rescissions. This Bill “prohibits a health care service plan or health insurer from engaging in post claims underwriting, defined to mean the rescinding, canceling, or limiting of a plan contract or policy due to the plan’s or insurer’s failure to complete medical underwriting and resolve all reasonable questions relative to an application for health care coverage before issuing the plan contract or policy”.
Of course, insurance companies are still able to retro-review policies for omission of pertinent health information. However, in order to follow through and rescind a policy, the insurance carriers must first seek approval from the Department of Managed Health Care or the Commissioner of the California Department of Insurance. This bill is intended to protect the individual in question from a biased review of their case.
There are, of course, pros and cons to this bill. Those in favor state that this bill will provide protection to patients by means of regulators who will independently scrutinize policy rescissions, and ultimately develop a standardized application that health plans and health insurers must use. Those against state, amongst other things, that uniform applications do not guarantee success and that the rescission rate is only at about 1/10th of all individual policies.
- Association health Plans Explained
- California Law AB1672 Explained
- COBRA And Your group Health insurance Policy
- Common Group Health Plan Issues for Employers
- Employer Protection For Group health Plans In California
- Encouraging Your Employees To Sign Up For Your Group Health Plan
- FMLA And Your group Health Insurance Policy
- Frequently Asked Questions About group health Insurance
- Getting The Most Our Of Your group Health Plan
- Group Health Insurance and Employees Over 65
- Group health Insurance And Your Location
- Group Health Plans And Pre-Existing Conditions In California
- HIPPA And Your Group Health Insurance Plan
- How To Design The Best Group Health Care Plan
- How To Save Money On Group Health Insurance
- Keeping Your Employees Healthy
- Keeping Your Employees Healthy With Preventitave Care
- Narrowing Down Necessay Benefit Riders
- Presenting Your Group Health Plan Options To Your Employees
- Risk Managemant And Small Business Group health Plans
- Self-Employed Business Owners And Group Health Insurance
- Spotting A Bad Group Health Plan
- Switching Group Health Insurance Plans
- Understanding Benefit Riders
- Understanding The Risk Adjustment Factor With Group Health Plans In California
- Using Your Benefits Package To Entice New Employees
- What To Do If Your Group Health Plan Doesn’t Offer Prescription Drug Coverage
- What To Do When An Employee Leaves
- What Your Employees Need To Know About Their Group Health Insurance
- What’s The Best Group Health Insurance Plan For Your Employees?
- When Is It Discriminition?
- Why You Should Offer Group Health Insurance?
Business Insurance
- Active Duty Employees And Their Health Insurance
- The Basics Of Business Insurance
- What Is A Business Owner’s Package Policy?
- How To Spot Worker’s Compensation Claim Fraud
- Small Business And Disability Insurance
- Is Your Business Prepared For A Disaster?
- How To File Your Business Property Insurance Claim
- Home Based Business Insurance
- HIPPA Explained For Small Businesses
- Business Insurance And Taxes
- Liability Insurance For Business Owners
- Liquor Liability Insurance Explained
- Property Insurance For Business Insurance
- Selecting An Insurance Representative
- Risk Management For Your Small Business
- Saving Money On Business Insurance
- Insurance And Telecommuting
- Insuring Your Company Vehicle
- How To Handle A Worker’s Compensation Claim
- The Basics Of Workers’s Compensation Insurance