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Health insurers tell Congress it's OK to cancel coverage on the sick

Lawmakers find companies saved $300M by targeting those with breast cancer, lymphoma and other ailments

Executives of three of the nation's largest health insurers have told federal lawmakers in Washington that they will continue canceling medical coverage for some sick policyholders, despite withering criticism from Republican and Democratic members of Congress who decried the practice as unfair and abusive.

The hearing Tuesday on the controversial action known as rescission, which has left...

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