Members of health plans across the country have loudly voiced their complaints when their health insurance company has rescinded their health insurance coverage after a serious illness. Typically, a policy is rescinded when an insurer determines that the member lied or omitted key information when submitting their enrollment application
In response to this consumer backlash, Aetna claims that it rescinds far fewer individual health insurance policies than other carriers and has now set up a process whereby if their health policy does happen to get rescinded that can appeal to an independent panel of doctors.
According to Aetna internal records, they have only rescinded 165 policies out of 570,000 sold since 2005. Aetna currently covers over 350,000 people through individual health insurance plans nationally.