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Feds help health insurers hide their dirty secret: denials on the rise
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Topic: Feds help health insurers hide their dirty secret: denials on the rise (Read 742 times)
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rangerrebew
TBR Contributor
Posts: 176,710
Feds help health insurers hide their dirty secret: denials on the rise
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December 13, 2024, 06:50:03 am »
Feds help health insurers hide their dirty secret: denials on the rise
Opinion by Betsy McCaughey • 12h
The health insurance industry’s dirty secret is that it’s no longer selling insurance: It’s selling a crapshoot.
The risk of having your health insurance claim denied is roughly 10 times what it was a decade ago.
Back then, insurers seldom rejected claims.
UnitedHealthcare nixed 1.1%, Humana 1.9%, Aetna 1.5% in 2013, per the American Medical Association.
https://www.msn.com/en-us/money/insurance/feds-help-health-insurers-hide-their-dirty-secret-denials-on-the-rise/ar-AA1vLzuO?ocid=widgetonlockscreen&cvid=ad00f56701d8444998f0fb5ac09ce86f&ei=120
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The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth. George Washington - Farewell Address
Kamaji
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Posts: 48,301
Re: Feds help health insurers hide their dirty secret: denials on the rise
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Reply #1 on:
December 13, 2024, 08:11:30 am »
Perhaps denials are on the rise because false or invalid claims are on the rise.
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Feds help health insurers hide their dirty secret: denials on the rise