recission

What good is a clean spending bill if the president is going to use recission?

The money was already in CPB's account prior to the recission, it was not a fresh allocation from Congress.

The recission process requires that the Executive branch notify Congress upon appropriation that it will not use appropriated funds.

Courts of equity are like the Delaware chancery court—they can award certain equitable relief such as recission of a contract.

The preexisting condition and recission policies of insurers prior to Obamacare were a national disgrace.

I assume that an individual buyer faces a higher rate of recission than those in a large group.

Congress can then decide to accept or reject the recission notice.

So, they would submit a recission notice before taking action.

And the recission teams were even paid on commission.

Yeah, I think the actual underpinning support that broke this time is recission.

When the government covers your loses and even let's you take bonuses for fucking up and causing a recission why wouldn't you think regulations slows you down.

> The recission process requires that the Executive branch notify Congress upon appropriation that it will not use appropriated funds.

And then the HMO/PPO systems created "recission groups" to prevent having to take them on.

Healthcare reform's two boldest and most popular changes are guaranteed issue (health plans must accept you, regardless of pre-existing conditions) and outlawing "recission," or retroactively searching for disqualifying health records to deny claims.

That's assuming your insurance policy wasn't subject to "recission", which is legal retroactive cancellation of the policy as soon as you have any condition like cancer that would cost a lot to treat.

They most definitely did that for private plans - by recission (kicking expensive people off the plan) or simply the "pre-approval" BS where they keep expensive people but decline specific (and possibly needed) care.

Recission departments exist to intentionally screw people over - you make people pay for a product that you then do you best to squirm your way out of providing.