Rescission In Health Insurance

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Generally, in insurance policy, insurance companies may sometimes decide to reverse a cancellation of their client’s coverage plan due to irregularities, illegalities or exaggeration, this process is known as rescission. However, Obamacare act illegalized rescission. But it could apply in the health insurance coverage in certain cases, these include;
• If the information given during application for medical cover is false and if replaced with the truth would render the person illegible for the health cover applied for. An example that would lead to rescission is when a person applying for COBRA states death as a qualifying event, yet there is no death of a family member, the insurer can rescind the application.
• In case of treachery for personal

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