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Law Practice

Feb. 13, 2009

Insurer Health Net Agrees to Landmark Rescission Reforms

In a settlement that legal observers called a novel win for consumers, insurer Health Net has agreed to offer new health coverage to 800 policyholders the company dropped after they fell ill and pay those patients out-of-pocket medical expenses as well as some damages, no questions asked.

By Evan George
Daily Journal Staff Writer

LOS ANGELES - In a settlement that legal observers called a novel win for consumers, insurer Health Net has agreed to offer new health coverage to 800 policyholders the company dropped after they fell ill and pay those patients out-of-pocket medical expenses as well as some damages, no questions asked.

The Woodland Hills-based company will pay out at least $13 million, which includes a $2 million fine to C...

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