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The South Carolina Supreme Court, in upholding the jury's verdict in the case in a unanimous 5-0 opinion, said that it agreed with the lower court's finding that Fortis destroyed records to hide the corporation's misconduct. Supreme Court Chief Justice Jean Hoefer Toal wrote: "The lack of written rescission policies, the lack of information available regarding appealing rights or procedures, the separate policies for rescission documents" as well as the "omission" of other records regarding the decision to revoke Mitchell's insurance, constituted "evidence that Fortis tried to conceal the actions it took in rescinding his policy."
Insurer revoked HIV patients' coverage
Seeded on Wed Mar 17, 2010 6:25 PM EDT
Article Source: msnbc.com- Enjoy this article? Help vote it up the 'Vine.
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Welcome to exhibit "A" why the American people dare not trust the health insurance industry any longer to protect our interest as their customers to support a healthier nation over the interests of their directors and investors who place profit above the interests of their customers.
On an ironic note, as I was reading the MSNBC article, the rotating banner at the top of the web page was an ad for Assurant wanting the reader to click on their link for an insurance quote! Sometimes technology is not your best friend! If I hadn't been so disgusted by Assurant's actions, I might have fallen out of my chair laughing.
#1 - Wed Mar 17, 2010 6:37 PM EDTFrom Paul Krugman of the New York Times blog comments on the same article:
And as the story points out, the evidence is that the overwhelming majority of rescissions, not just at Assurant but across the board, are, in fact, without justification. . .
Right now, we have a system that creates huge incentives for bad, one might say demonic, behavior: Assurant made $150 million by revoking coverage, almost always without cause. We can end all of that — not in some indefinite future, but with a single vote right now.
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