Texas Association of Health Underwriters Takes a Stand Against HB 2750
Summary
Austin, TX, May 15, 2009 --( “The worst part about this legislation is the imposition of severe restrictions on health plans and insurance carriers when they rescind a policy because the applicant misrepresented the facts when he or she applied,” TAHU president Ron Buffum said, “For example, the bill states that the health plan must prove that the applicant had ‘intent to deceive’.” During the review process the insurer must continue to pay claims while facts and ‘intent’ are being sorted out.About the Texas Association of Health Underwriters A state chapter of the National Association of Health Underwriters, TAHU is a professional organization of agents and insurance company representatives aiming “…to inform and protect the consumer by enhancing the professional growth of its members.” Since its founding in 1930, there are now over 200 state and local chapters of the NAHU servicing the insurance needs of millions of Americans.“Put the claims in the ‘pending’ file until the issue is decided and pay them later if the policy rescission is not justified,” Buffum said.TAHU leaders said that SB 1257 would make it possible for a person with pre-existing symptoms who has not visited a physician recently to buy a plan and face no risk of having that plan rescinded.“You wouldn’t expect to be able to buy a fire insurance policy after your house begins burning?Unfortunately, SB 1257 and HB 2750 do not accomplish those objectives,” Buffum said.About the Texas Association of Health UnderwritersA state chapter of the National Association of Health Underwriters, TAHU is a professional organization of agents and insurance company representatives aiming “…to inform and protect the consumer by enhancing the professional growth of its members.” Since its founding in 1930, there are now over 200 state and local chapters of the NAHU servicing the insurance needs of millions of Americans.More information can be accessed at www.TAHU.org.###Media Contact: Laura Day, Eisen Marketing GroupLaura@EisenMarketingGroup.com859.291.4302 Contact Information Texas Association of Health Underwriters Laura Day 859-291-4302 www.tahu.org Click here to view the list of recent Press Releases from Texas Association of Health Underwriters Promote Your Business Press Release Pricing Email this page to a friend