And On a Related Subject August 26, 2007Posted by Jim Satterfield in Business & Society, Health Care, Health Insurance.
MSNBC also informs you of 9 Things the Insurers Don’t Want You to Know. Among them is that if you become expensive to them they’ll go over your records to see if there is absolutely anything that they can use against you as a reason to drop your coverage retroactively. They call it recission.
You know how the insurance companies tell you that you should get things pre-approved? Look at this little gem.
“Preapproval is often what triggers the rescission review,” says Shernoff. “If it’s for hip surgery, that’s an expensive item that they’ll look at and see if you’re a candidate for rescission.