Keeping up its reputation for being one of the best Offices of Insurance Commissioners in the country, Mike Kreidler’s office suspended an insurance company for refusing coverage to a woman with dementia.
There’s a special law in Washington that protects elderly patients with memory issues when they forget to pay an insurance policy bill. Ability Insurance Co., rejected a benefits claim of an 85 year old woman who forgot to pay one of her disability policy statements. Instead of allowing her to cure the payment as allowed by state law, they cut her off.
The OIC said not so fast.
“Situations like this are exactly why we have this law,” Kreidler said in a statement. “It protects people who, through no fault of their own, have lost the ability to keep up with their financial records.”
The woman’s daughter filed a claim with the OIC. Kreidler’s office took action, suspending Ability Insurance from writing new policies for six months; ordering it to stop violating state law; and imposing a $10,000 fine.
Kreidler and his office are the kinds of public officials thatdon’t just talk the talk. They walk the walk to help keep us safe.