Reply #63: Why are insurance companies allowed to deny payment to people [View All]

[Lydia Leftcoast]

who are really sick?

The parents didn't lie. And even if they did, does that mean that an innocent 4-year-old should die of a treatable illness?

Let me tell you about some reality. When I first went self-employed, I tried a number of insurance companies, and they were willing to enroll me with the provision that I couldn't get coverage for ANYTHING I'd ever had before (depression once with no recurrences, broken bones) or was at risk for (breast cancer, according to them, because of a NEGATIVE biopsy).

Their business method is to charge sky-high premiums based on age, regardless of whether the individual is healthy or not, and then up the premiums if the individual actually makes any claims, and dumping the individual if he or she REALLY needs insurance.

The whole system is so corrupt, full of bloodsucking hypocrites who put out PR that makes them seem like selfless angels of mercy, when they'd rather see a person die than have to pay out significant amounts.

I'll tell you what shameless hypocrites insurance executives are. They write op-eds about how U.S. medical costs are so high because people don't get enough routine preventive care, and then DON'T PAY FOR PREVENTIVE CARE.

It is virtually impossible to find an insurance policy that doesn't have a deductible of $300 and only slightly less impossible to find one that has a deductible of less than $1000.

In order to afford my monthly premiums at my age, I have to accept a $5000 deductible, and get this, I'm still responsible for 20% above that. This is despite the fact that I'm a healthy non-smoker who is the furthest thing from a hypochondriac that you'll ever meet.

And I'm in Minnesota, supposedly one of the "good" states for insurance. If this is good, I'd hate to see what the "bad" states are like.

Fraud may exist, but it is a tiny problem with the system compared to corporate greed and callousness.