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Article: Golden Rule slammed on health info. disclosure. (Golden Rule Insurance Co.)
- Article from:
- National Underwriter Life & Health-Financial Services Edition
- Article date:
- July 11, 1994
- Author:
CopyrightCOPYRIGHT 1994 Summit Business Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Citizen Action, the consumer advocacy group, has written a letter to Golden Rule Insurance Company slamming the insurer for what it says is the company's failure to provide to prospective policyholders critical information regarding Golden Rule's health insurance coverage.
The June 27 letter, addressed to J. Patrick Rooney, chairman of Golden Rule, Lawrenceville, Ill., calls on Mr. Rooney to disclose to the public the company's denial rates for applications and claims as well as premium increases and policy cancellations.
In response to queries from NU, Mr. Rooney said in a statement that Golden Rule has been a major advocate of alternatives to President ...