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http://www.latimes.com/business/la-fi-insure9nov09,0,755599,print.story
One of the state's largest health insurers set goals and paid bonuses based in part on how many individual policyholders were dropped and how much money was saved.

Woodland Hills-based Health Net Inc. avoided paying $35.5 million in medical expenses by rescinding about 1,600 policies between 2000 and 2006. During that period, it paid its senior analyst in charge of cancellations more than $20,000 in bonuses based in part on her meeting or exceeding annual targets for revoking policies, documents disclosed Thursday showed.

Comments

( 8 comments — Leave a comment )
sistercoyote
Nov. 14th, 2007 03:53 am (UTC)
I am so damn sick of our health "care" "system."

Normally I'm not fond of scare quotes, but damn.
aquaeri
Nov. 14th, 2007 06:06 am (UTC)
The sad thing is this doesn't really surprise me. It's quite the logical development.
punkmom
Nov. 14th, 2007 06:34 am (UTC)
Wow I'm so not surprised.
basketcaselady
Nov. 14th, 2007 05:34 pm (UTC)
That should be illegal if it's not already. And if it's illegal then punishment should be enforced!
deakat
Nov. 14th, 2007 08:19 pm (UTC)
That's outrageous. I have no other words for it.
innerdoggie
Nov. 14th, 2007 09:39 pm (UTC)
I've heard that's what insurance companies do to people with private insurance. They wait for you to get cancer and then *whammo* they decide that you didn't fill out your application right and they take away your coverage. This happens far less if you are insured under a group policy with a large business.

Go press go! More articles like this will make the insurance industry look so evil that their lobbyists might lose the next time we try for some universal health care.
firecat
Nov. 14th, 2007 09:40 pm (UTC)
Yes, the article specified that exact thing happened to the person in question (the one who is suing about this).
pir_anha
Nov. 15th, 2007 07:10 am (UTC)
so angry i want to bite
you know, i really don't feel like paying US taxes anymore. today i am quite in the mood to just stop. money gets misappropriated and wasted left and right, but the little guy always gets to pay the piper, while the ones at the top get away with bonuses, even.

fuckers. the world is full of them. i feel like giving them all a gigantic middle finger as i sail off into the sunset.

( 8 comments — Leave a comment )

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