Tuesday, June 30, 2009

Health Insurance, or not

From the Wall Street Journal, of all places!

Congressional investigators have discovered that large health insurers in every region of the country are relying on faulty databases to underpay millions of valid insurance claims.

In a report released Wednesday, the Senate Commerce Committee said insurance companies nationwide have failed to provide consumers with accurate or understandable information about how they calculate “reasonable” or “customary” charges for out-of-network care.

And frankly it's not just out-of-network care, trying to gain any understanding over what is/isnt covered, and marrying charges against treatments against insurance payments is a titanic headache: I would regard myself as well-organised and well-read, but this is a task that has repeatedly defeated my best efforts.

The sooner the government revised the healthcare system (or actually, creates one), the better.

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