Cancer Insurance, Exploiting Fear for Profit: (an Examination of Dread Disease Insurance) : Report |
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advertising AFLA AFLAC agents American Cancer Society American Family Amos ance appears to violate Attorney average Blue Cross brochure cancer costs cancer insurance policies cancer policies cancer treatment capacity to mislead charges chemotherapy claims Claude Pepper Committee on Aging companies selling cancer company's complaints consumer coordination of benefits cost of cancer covered deceptive Department of Insurance diagnosis disclose dread disease insurance dread disease policies elderly fact Family Life Assurance Family's fear tactics Fidelity Life Insurance group insurance group policy group trust health insurance health insurance policies hospital confinement individual Insurance Co insurance commissioners Insurance Company Insurance Department limited economic value loss ratio mail order marketing McCabe Medicare ment Mutual of Omaha offered paid payment policies sold policyholders premium dollar Price Waterhouse problem protection purchase regulations response RL Associates sale of cancer says Section selling cancer insurance Senator senior citizens statement supplement tion Union Fidelity Washington National
Popular passages
Page 115 - ... for the purpose of contacting prospective purchasers and selling them a product or products other than the product offered. Among acts or practices which will be considered in making that determination are the following: (a) The creation, through the initial offer or advertisement, of a false impression of the grade, quality, make, value, currency of model, size, usability, or origin of the product offered; (b) The refusal to show, demonstrate, or sell...
Page 157 - X Idaho X Illinois X Indiana X Iowa X Kansas X Kentucky X Louisiana X Maine X Maryland X Massachusetts X Michigan X Minnesota X Mississippi X Missouri X Montana X Nebraska X Nevada X New Hampshire X New Jersey X New Mexico X New York X North Carolina X North Dakota X Ohio X...
Page 155 - X Florida X Georgia X Hawaii X Idaho X Illinois X Indiana X Iowa X Kansas X Kentucky X Louisiana X Maine X Maryland . X Massachusetts X Michigan X...
Page 155 - X Rhode Island X South Carolina X South Dakota X Tennessee X Texas X Utah X Vermont X Virginia X Washington X West Virginia X Wisconsin X Wyoming X Total 34 7 7 states.
Page 113 - An advertisement shall not create the impression directly or indirectly that the insurer, its financial condition or status, or the payment of its claims, or the merits, desirability, or advisability of its policy forms or kinds or plans of insurance are approved, endorsed, or accredited by any division or agency of this State or the United States Government.
Page 116 - Any person or other legal entity subject to this act fails to disclose to a buyer or prospective buyer any fact, the disclosure of which may have influenced the buyer or prospective buyer not to enter into the transaction; or C.
Page 109 - ... (2) A policy covering only one disease or a list of specified diseases shall not be advertised so as to imply coverage beyond the terms of the policy. Synonymous terms shall not be used to refer to any disease so as to imply broader coverage than is the fact. (3) The benefits of a policy which pays varying amounts for the same loss occurring under different conditions, or which pays benefits only when a loss occurs under certain conditions, shall not be advertised without disclosing the limited...
Page 204 - The purpose of this article is to regulate trade practices in the business of insurance in accordance with the intent of Congress as expressed in the...
Page 102 - ... be sufficiently complete and clear to avoid deception or the capacity or tendency to mislead or deceive. Whether an advertisement has a capacity or tendency to mislead or deceive shall be determined by the insurance commissioner from the overall impression that the advertisement may be reasonably expected to create upon a person of average education or intelligence, within the segment of the public to which it is directed (2) Advertisements shall be truthful and not misleading In fact or In implication.
Page 108 - Prohibited (1) No advertisement shall omit information or use words, phrases, statements, references or illustrations if the omission of such information or use of such words, phrases, statements, references or illustrations has the capacity, tendency or effect of misleading or deceiving purchasers or prospective purchasers as to the nature or extent of any policy benefit payable, loss covered or premium payable. The fact that the policy offered...