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In the News Maybe you're next on the "rescinded" list?
July 29, 2009
VIEW: Jennifer Thompson felt lucky. She could afford a good private health insurance policy that would cover her care and treatment when suddenly she discovered she had cancer.
But she was so wrong...
Private health insurers can dump you -- and fast. The practice is called rescission. It affects 1 in 100 policy holders with individually paid for health insurance (meaning it's not part of an employer-based health care plan).
Many observers, like Timothy Noah at Slate, point out this "horrific" problem and argue that any health care reform must address it.