aceventura3

I doubt people are going to take the time to fact check some of the statements coming from the President regarding health insurance companies.

Talk about scare tactics, for example today the President is going on about how insurance companies will scour your application to find a reason to deny coverage when you get sick. Legally an insurance company has two years to cancel a policy for a material misrepresentation on the original application. After that two year period they are bound to provide coverage. Also, the misrepresentation has to be "material".

Another example, the President is saying insurance companies are not regulated and that no one is overseeing their actions. Every insurance company is regulated and bound by requirements of each state's laws regarding insurance companies.

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