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Thursday, October 14, 2010

More than 500,000 denied health insurance

Big Insurance does this because their friends in Washington helped them get away with it. Who doesn't have some sort of pre-existing condition?

Financial Times:
The four largest health insurance companies in the US denied coverage to more than half a million individuals because of their pre-existing conditions from 2007 to 2009, according to a congressional investigation.

On average, the four companies – Aetna, Humana, UnitedHealth Group and WellPoint – denied one out of seven applicants’ coverage based on conditions such as pregnancy, angina, diabetes and heart disease.

The investigation found that the number of people who were denied coverage increased about 49 per cent from 2007 to 2009. In that period, the groups refused to pay 212,800 claims for individuals who were already insured based on their previous medical conditions.

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