Re:Torrent of Hate for Health Insurance Industry Follows CEO...
by justinclift on Friday December 06, 2024 @02:33AM
(#42337309)
> Denied claims mean less profit for the insurer.
If that were true then United Healthcare wouldn't have rolled out an automated system that (reportedly) denies ~90% of people regardless of their actual need.
Re:Torrent of Hate for Health Insurance Industry Follows CEO...
by tptacek on Saturday December 07, 2024 @01:02PM
(#42351477)
I'm not going to stick up for UHC, which is an obnoxious company, but do you honestly believe UHC is denying 90% of claims? Have you thought the implications of that claim through?
Re:Torrent of Hate for Health Insurance Industry Follows CEO...
by justinclift on Tuesday December 10, 2024 @02:39AM
(#42374697)
> Have you thought the implications of that claim through?
The CEO getting shot seems to indicate it's probably more true than less true.
One of the primary jobs of insurance companies is to vet claims. If we didnt want that, you could just make a shared bank account and let doctors and hospitals bill anything they want to it. You might save 10% on overhead, but it would collapse instantly.