Blue Cross Blue Shield of California( not even the largest insurer in Ca.) rescinded 20,000 policy holders over a five year period. This can be extrapolated to hundreds of thousands losing their policy when most vulnerable. Leading to untold pain, suffering and deaths. But hey, they had to protect their profits. When asked if a client did not intentionally lie would they stop rescission all the Insurance CEO's said no they would not. however they would continue to take their clients money.
Half of the people in the United States between Medicare, Medicaid and Veterans services, are insured by the federal government. In 45 years not a single person has had their insurance rescinded by the feds.
This is criminal and should be banned. If there is no allowance for insurance companies to deny people insurance for pre-existing conditions then this will never happen. Rise up and revolt against rescission for you may be the next insured person that finds out on the doorstep of the hospital that you suddenly have no insurance, ending up either bankrupt or dead. RIP.