Prior to passage of the Affordable Care Act,insurers could go back to the date a health insurance policy became effective and render the policy void due to a clerical error.This practice,which is prohibited under the Affordable Care Act except in cases of fraud or intentional misrepresentation of a material fact,is called

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Rescission is the practice of voiding a health insurance policy back to its effective date due to a clerical error or other reasons, which is prohibited under the Affordable Care Act except in cases of fraud or intentional misrepresentation of a material fact. Estoppel is a legal doctrine that prevents a person from asserting a claim or right that contradicts what they previously said or did, while retention refers to the act of retaining or keeping something. Reformation is a legal remedy that allows a court to modify a contract to reflect the parties' real intentions.

Prior to Passage of the Affordable Care Act,insurers Could Go