Major insurers said this week that they will soon end the practice known as rescission, which involves going back and scrutinizing the applications of people who develop costly illnesses and dropping their coverage based on even minor or innocent misstatements. In addition, dozens of health plans will allow dependents up to age 26 to stay on their parents' plans by this spring, months ahead of the September deadline. Those promises follow an industry pledge not to exploit a potential loophole in a requirement that insurers cover children with preexisting conditions, the Washington Post reports.
