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SoxFan

07/06/09 2:56 PM

#79460 RE: nicmar #79459

60% of all bankruptcies in the United States are caused by medical payments and these people have health insurance.

Many small businesses get their insurance carrier of choice quiting them if some of their employees get sick as the insurance carrier refuses to cover them the next year and the new carrier does not have to pick up pre-existing conditions. Plus in the past years more and more insurance carriers have started to perfect the act of rescission, which is denying health care coverage of people they insured for lack of filling out proper forms and dropping them from their rolls after the fact.

No matter what we do all health care companies cannot drop people willy nilly from their rolls as they currently do today.