Thursday, April 22, 2010

Insurer targeted breast cancer patients to cancel

Angela Braly, president and chief executive officer of WellPoint Inc., speaks at the Reuters Health Summit in New York

Government: Software flagged new cases, sought reasons to drop policies

Excerpt:

“During the recent legislative process for the reform law, however, lobbyists for WellPoint and other top insurance companies successfully fought proposed provisions of the legislation. In particular, they complained about rules that would have made it more difficult for the companies to fairly — or unfairly — cancel policyholders.

For example, an early version of the health care bill passed by the House of Representatives would have created a Federal Office of Health Insurance Oversight to monitor and regulate insurance practices like rescission. WellPoint lobbyists pressed for the proposed agency to not be included in the final bill signed into law by the president.

They also helped quash proposed provisions that would have required a third party review of its or any other insurance company's decision to cancel a customer's policy.”

PHOTO ABOVE: Even as WellPoint targeted women with breast cancer and who were pregnant for investigation, it prided itself for having women at the helm such as Angela Braly, president and chief executive officer.

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