The current health care legislation, known as H.R. 3590, will likely be passed today. It’s a complete sell-out to the health insurance racket. Worse still the American People have been lied to about what it will do, and what practices it will ban.
Below are 2 glaring lies, being perpetuated by the President, the Senate,
#1 “No Annual Limits.”
In fact, annual limits ARE allowed, as long as they are “reasonable.” Here’s the text from HR 3590 itself.
“2 ‘‘SEC. 2711. NO LIFETIME OR ANNUAL LIMITS.
3 ‘‘(a) IN GENERAL.—A group health plan and a health
4 insurance issuer offering group or individual health insurance coverage may not establish—….
8 ‘‘(2) unreasonable annual limits (within the
9 meaning of section 223 of the Internal Revenue Code
10 of 1986) on the dollar value of benefits for any participant
Prohibition of annual limits only applies to those that are “unreasonable.”
#2 No Rescissions Allowed.
Not true. In fact, Rescissions ARE allowed if insurers can claim fraud on the initial application. Here’s the text from HR 3590 itself:
“20 ‘‘SEC. 2712. PROHIBITION ON RESCISSIONS.
21 ‘‘A group health plan and a health insurance issuer
22 offering group or individual health insurance coverage shall
23 not rescind such plan or coverage with respect to an enrollee
24 once the enrollee is covered under such plan or coverage
involved, except that this section shall not apply to a covered
individual who has performed an act or practice that constitutes fraud or makes an intentional misrepresentation of ‘material’ fact as prohibited by the terms of the plan or coverage.
So insurance CAN be rescinded if you omitted anything from your initial application, as long as they can claim it was fraud or an intentional mispresentation (like the fact that you had a tonsillectomy when you were 4 years old).
And note in the bill’s language the word “material.”
So what would be “material”???
Any pre-existing medical conditions. You know, those same pre-existing conditions for which exclusions are supposed to be banned in the bill.
So in addition, there’s no real ban on pre-existing condition exclusions either, since your policy can be rescinded for not including them on your initial application.