Post by unlawflcombatnt on Mar 21, 2010 16:01:20 GMT -6
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."
Not true.
In fact, annual limits ARE allowed, as long as they are "reasonable." Here's the text from HR 3590 itself:
9 meaning of section 223 of the Internal Revenue Code
10 of 1986) on the dollar value of benefits for any participant
or beneficiary."[/ul]
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:
24 once the enrollee is covered under such plan or coverage
involved, except that this section shall not apply to a covered
26 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.[/ul]
So insurance CAN be rescinded if you omitted anything from your initial application.
And note in the bill's language the word "material."
So what would be "material"
Answer:
Pre-existing medical conditions. You know, those same pre-existing conditions for which exclusions are banned in the bill.
So in addition, there really is no ban on pre-existing conditions either, since your policy can be rescinded for not including them on your initial application.
Below are 2 glaring lies, being perpetuated by the President, the Senate,
#1 "No Annual Limits."
Not true.
In fact, annual limits ARE allowed, as long as they are "reasonable." Here's the text from HR 3590 itself:
9 meaning of section 223 of the Internal Revenue Code
10 of 1986) on the dollar value of benefits for any participant
or beneficiary."[/ul]
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:
24 once the enrollee is covered under such plan or coverage
involved, except that this section shall not apply to a covered
26 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.[/ul]
So insurance CAN be rescinded if you omitted anything from your initial application.
And note in the bill's language the word "material."
So what would be "material"
Answer:
Pre-existing medical conditions. You know, those same pre-existing conditions for which exclusions are banned in the bill.
So in addition, there really is no ban on pre-existing conditions either, since your policy can be rescinded for not including them on your initial application.