Sentence examples for rescission in from inspiring English sources
The $1.5 billion rescission in subsidies we propose will not have a significant impact on the program".
President Obama cited other cases of rescission in his recent speech before a joint session of Congress as a major reason that health reform is necessary.
It is critical that the members of our committee have an opportunity to ask questions about this recent rescission in a formal setting and evaluate potential legislation related to marijuana.
That appears to be the most an insurance company has ever been ordered to pay in a case involving the practice known as rescission, in which insurance companies retroactively cancel coverage for policyholders based on alleged misstatements - sometimes right after diagnoses of life-threatening diseases.
But in recent years there have been well-publicized examples of "rescissions," in which the insurer did just that.
The House investigation found that three big insurers rescinded some 20,000 policies over a five-year period, and a survey by the National Association of Insurance Commissioners found more than 27,000 rescissions in an overlapping five-year period.
This law prevents health insurers from denying coverage due to pre-existing conditions and ends the horrible practice of rescissions, in which insurers drop policyholders when they get sick.
In a show of fiscal fortitude, Mr Obama on May 24th did formally ask for new "rescission" authority: in essence, the ability to pluck bits out of spending bills for elimination, subject only to an up-or-down vote in Congress.
If the free breakfast was delicious and you were caught up in the moment and signed a contract for a two-bedroom unit, you can back out of it because there are rescission laws in the United States.
By a close margin, Carter was able to win a "rescission" vote in the Congress ending the production funding.
"I'm hearing that more than half the Republicans would vote against the rescission package in the Senate," one GOP lawmaker told HuffPost on Wednesday.
