rescission
An Effortless Observation about Reform
"Now, maybe I have a simplistic mind, but frankly I don't understand why health care and insurance companies keep appearing in the same sentences." (Fisher, W. Truthout 10/25/09)
Profits Before Patients
"Rescission" can be defined as when an insurance company deprivies a patient of a benefit or service by backing out of a insurance contract, i.e., by deeming that contract to be no longer legally binding. You might wonder how in the h_ll insurance companies can pull the rug out from patients; one way is for them to speciously nit-pick about undisclosed pre-existing conditions.
