Are medical insurance companies totally dysfunctional or absurd?

1 Answer

Answer :

The are for-profit corporations in the service of their shareholders and CEOs, not their ‘members’. This is the primary problem with the US Healthcare system, in my opinion (based on 20+ years working within the industry).

Related questions

Description : How can the US fix its dysfunctional healthcare system?

Last Answer : The people in the U. S. are too split right down the middle between wanting it and not wanting it. Unfortunately, with such a disparity, it will not happen any time soon.

Description : Is it insurance fraud to have insurance but choose to self pay for medical services?

Last Answer : That’s a stupid computer system. You are not required to use insurance if you don’t want to. If you want to pay cash, that’s your choice, not theirs.

Description : This is for anyone living in the US, if you don't have medical insurance do you have to pay to have your children vaccinated?

Last Answer : answer:If you are willing to make a few calls you can certainly get them for free. The vaccines them self are incredibly cheap. Here is a list of prices for the actual vaccine. Note those prices are ... a personal choice and cost does not play a role unless your child never ever goes to a doctor.

Description : Someone drove into my sister's boyfriend & the guy who hit him doesn't have insurance/license anything... what about the medical bills?

Last Answer : Call the Ins commissioners’ office in your state and ask if there is a fund for uninsured motorists, and if the young man qualifies. Sorry to hear about the incident, best of luck to you.

Description : Do you think tampons should be covered by medical insurance?

Last Answer : Not any more than cold medication should be covered.

Description : Have any of you ever gotten screwed by your medical insurance? Were you able to do anything about it?

Last Answer : Our insurance insisted that my daughter's hospital stay when she was 10 days old was due to a pre-existing condition. They demanded to know what doctors she had seen for this condition during the ... emergency admission? Ours does and won't pay unless you have a really good reason for not calling.

Description : Any ideas on how I can get money for a medical procedure that I absolutely need but insurance doesn't cover?

Last Answer : are they willing to do a payment plan?

Description : How to sell "security" technologies to banks, insurance companies or FinTechs (tips and tricks)?

Last Answer : Is the methodology to reach out to decision makers and interview/survey them? or simply glean insights from experienced insiders with knowledge of this process? Those seem like excellent questions, and ... on that to look for patterns such as seasonality or correlations with data breaches etc.?

Description : How did insurance companies decide on the value of human life at $5 million?

Last Answer : Link

Description : What insurance companies come under the ACA?

Last Answer : answer:You are correct. The ACA just sets minumim requirements and sets up exchanges. It is up to the insurance companies to decide what is covered. Take posts on FB with a healthy grain of salt.

Description : Anyone familiar with life insurance companies and how they work?

Last Answer : This sounds more like poor customer service than a well-run life insurance company. If they will not talk to you, I would call either a consumer advocacy group or the local Better Business Bureau and see if ... If you know a lawyer, perhaps a letter from a lawyer would get you some answers as well.

Description : Why do insurance companies always say that they're giving "free"quotes?

Last Answer : They are bragging on the only thing they have that is free

Description : Do you think insurance companies would ever get to the point where obese people are required to have weight loss surgery or be dropped from their health insurance policies?

Last Answer : No, I don't think surgery will be required. I predict the rates obese people pay for insurance will be significantly higher first. I can foresee a time when a notice will be give that at your ... BMI must either be below a certain number, or you must show an x% reduction since the previous year.

Description : Why don't the Democrats drag out the policies of the big insurance companies?

Last Answer : Not sure what you're asking. In general, people who have insurance through their employers have insurance coverage that is selected by the HR person. There are no surprises . Carriers have a document called ... questions. I want everything for free is not an option for any plan, with any carrier.

Description : What benefit do health insurance companies add to the health care system?

Last Answer : I agree, @daloon, but once entrenched it would difficult to dislodge them as we are finding out now. They are willing to expend an awful lot of money to avoid even the appearance of what they view as the slippery slope to a single-payer system.

Description : Question for those familiar with medical billing: Was I upcoded?

Last Answer : Call the office and speak to someone in the billing section. How can we possibly answer this question?

Description : Is it wrong to ask my bf to help me pay for my medical expenses?

Last Answer : it’s not a serious pain but an annoyance. slight sharp pain in my left shoulder when I move it around or put pressure. it makes me unable to do certain things like push ups or pull on something

Description : When a person donates bone marrow or a kidney who pays the medical costs for the donor?

Last Answer : Interesting question. My assumption is the donor pays nothing, but it will be interesting to see the answers.

Description : If you want socialized healthcare, and are disgusted by the huge profits in healthcare, do you try to make sure you don't own stock in healthcare companies?

Last Answer : It would seem to be a conflict of interest, at the least.

Description : What types of companies come into a business and help improve wellness of employees?

Last Answer : There are wellness coaching programs that do this; one that I can think of off the top of my head is LifeSynch.com. Many health insurance carriers offer wellness programs as a buy-up for employers. What you might want to look at is called an EAP – Employee Assistance Program.

Description : Regarding the new health plan, will larger companies downsize to eliminate the requirement to purchase health coverage for their employees?

Last Answer : A large company owner was interviewed on TV a few days ago. He has a lot of employees & he pays for their healthcare. It costs him about $300,000 a year to pay for it. With new plan, he could ... But not everyone is a good guy', so I see lots of companies taking the low road on this scenario.

Description : How long do you carry full coverage insurance on your vehicle?

Last Answer : I drop Comp and Collision after about 6–8 years or when the value of the car is such that it probably wouldn’t be worth repairing if it was damaged. Liability of course, you keep forever.

Description : Do you have pet insurance?

Last Answer : What company is doing pet insurance?

Description : What's the best way to obtain insurance for a first-time car buyer?

Last Answer : Have her get quotes from AAA, State Farm, and Geico. All will give you free quotes. Has your daughter been on anyone else's (yours) insurance? That insurance will happily give her a rate based on moving ... on my policy so she could give it to the agent, even though she was coming off my policy.

Description : Find old insurance policy information?

Last Answer : Good luck. You might find evidence of this in corporate records, if they still exist. But no insurance company would pay out on the basis of that sort of evidence. If it's flood insurace - that's ... (fire, theft, etc.) is likely long lost, since the policies would have expired 50 years ago.

Description : Can a life insurance company deny payment to someone who has chosen NOT to get the Covid vaccination?

Last Answer : Suicide is defined by intent. If you kill yourself by accident (reckless driving, extreme sports, accidental overdose, etc.), life insurance would likely pay out to your beneficiaries. If there is evidence ... not their intended outcome - so, no. (All this courtesy of my law school graduate wife)

Description : Is AAA accident insurance a good idea?

Last Answer : Here’s a good source of car insurance reviews .

Description : My iPhone was stolen and my insurance has not yet provided a voucher number. How do I procede with this?

Last Answer : All cell phones can be traced. Get your cell phone provider to track its location. This should had been the first thing to do as well as talking to the security at the store for video of the theft ... would be suspicious as to who was telling you to purchase a new one and then yours is lost? hmmmm

Description : Does health insurance cover aides coming to your house?

Last Answer : No, not normal insurance. Health aides are covered for a period of time (change dressing, take BP, administer medicines). Housework like cleaning, cooking, etc. – is not covered by normal health insurance. You can get supplemental (Aflac and such) that will cover other services, but that’s extra.

Description : Do motorized wheelchairs need insurance and do the users need a drivers licence where you live?

Last Answer : NO, they're not treated like automobiles more like bicycles so no insurance, no drivers license & no tags. They are also not supposed to be used in the roadway but are supposed to be used on the ... moments. Don't think I've heard of anybody here being run over by an electric wheelchair either!!!

Description : Has anyone applied for the Market Place 2018 (Obama) health care insurance or had it before?

Last Answer : I did it for 2017. I feel like I didn't have great advice from other people when I did. I will likely make too much money and wind up owing money. I knew I would be cutting it close though, ... marketplace and subsidy was going to be my best option, I wish I had had a broader discussion with her.

Description : Can one buy employment insurance privately and not just from the government?

Last Answer : One should never need to buy insurance for unemployment. One can pay whatever one assumes the premiums should be into a savings account - and then draw down on that account during times of unemployment ... your door, and beat it down to buy your product and live off of your generosity forever.

Description : Where can I get cheap home renters insurance , In Canada, for a short period of time?

Last Answer : From what little I know about insurance, it may cost you a lot more than $20 for a week if they would even write a one week policy (the paperwork for the policy and office are the ... should include the insurance and licensing fees which in the USA is hundreds if not thousands of dollars.

Description : What insurance company covers OEM parts?

Last Answer : I don't know if there are any insurance companies that will do OEM only. Since 1970 most insurance companies can insist the will only pay for aftermarket parts, OEM differences are paid for by the ... importing parts for VW, Toyota, Datsun and others; we were making a killing at the body shops.

Description : Do I still need life insurance?

Last Answer : You might consider having enough to pay off outstanding medical bills and/or funeral expenses.

Description : What would be a good quote to go on an insurance company's website?

Last Answer : answer:The last insurance quote I got was $6,000 for my mother’s 12 year old car after she literally ran into a brick wall. That was a good quote. Sorry, couldn’t resist. Nobody was hurt, thank goodness.

Description : Is mortgage protection insurance a scam?

Last Answer : answer:It isn't so much of a scam (there are legit mortgage insurance plans) as much as it is preying on fears. Over the life of a mortgage, the premium would stay the same, but the amount ... to pay that on a $375K balance? There are much better ways to protect your assets and provide for things.

Description : Do you know anyone who has alien abduction insurance?

Last Answer : I’ll write you a policy, 1 million coverage at $50,000 per year premium. Prove abduction, you get paid.

Description : Should I buy home owners insurance for an apartment?

Last Answer : Unless you own it you don’t get homeowners, what you can get is content insurance which will cover your belongings in case of a fire, or theft, but if you don’t have that much worth in stuff not really worth it.

Description : Why does the government think I don't have insurance when I do?

Last Answer : Talk to United and Humana and get a proof of payment to submit.

Description : Who has no health insurance coverage?

Last Answer : I don’t. I live in Australia. Woot it doesn’t matter yay!

Description : How often have you said, "Thank God I have (health) insurance!"?

Last Answer : answer:All the time. I have A LOT of medical issues on top of my mental issues. I went into the ER one night, stayed there until admitted the next morning. I had my gallbladder out that day, spent the ... that one day I'll get a letter saying I owe $50,000 for this surgery. I was/am amazed.

Description : Insurance question: Should a mortgagor (bank) be liable for some or all of the deductible?

Last Answer : answer:Nice try, but no. In every house I have purchased, there have been clauses in that 30-page contract that put insurance and such all on you. It’s a nice dream, but that’s all.

Description : If a retailer offers insurance for a product, does it ever make sense to buy it?

Last Answer : I never buy Maintenance Contracts or Service Agreements for those reasons. The only exception I made was for a portable propane heater since the first one I had barely lasted one season.

Description : How can seniors save money on auto insurance?

Last Answer : answer:(I thought at first this question was spam.) As it says in the article, if they are driving shorter distances they should report that to their agent and see if that will lower their premiums. Also, ... is more important is if one would have enough money to live on if the other is ill or dies.

Description : Should hypochondriacs have to pay more for their health insurance?

Last Answer : answer:This is a difficult concept to address, as determining actual hypochondria can be dicey. Your friend sounds like an extreme case, therefore fairly easy to diagnose, but often people (mostly ... call to make, there are conditions that are difficult to diagnose, and therefore oft dismissed.

Description : Does Home Insurance cover the expense of living after home damage due to Flood?

Last Answer : answer:Regular home insurance does not cover flood from the outside at all. If you flood from your plumbing that is usually covered. If you have water damage from the wind breaking ... refer to flood insurance they specifically are talking about flooding from the outside unless otherwise specified.

Description : If your country has socialized medicine does that mean you don't have to pay for coverage on your home owners and auto insurance?

Last Answer : You do mean liability coverage don’t you because homeowners and auto cover a lot more than just liability?

Description : Can you please tell me how deadlines and open enrollment have improved health insurance coverage in the United States?

Last Answer : answer:It's been like that for a very long time. It didn't just start happening. If you get hired and you pass the probation period, they will give you the health benefits at that time. If he had been ... I'm not sure about the laws in your state. This is how it's been here since I can remember.

Description : Should my son have to carry health insurance on his daughter?

Last Answer : answer:It sounds like your son is electing to have family, rather than individual coverage and that's why he's paying the extra. Usually one plan will be primary and submitted to first and then ... 's mother unless there is a divorce stipulation that he provide. Boy, life can sure be complicated!