| Have you used your health insurance? Millions of | | | | Insurance" - Deny, Delay, and Defend. As long as |
| Americans research insurance companies before | | | | they operate within the regulations of state |
| they buy a policy. In many cases, the consumer | | | | departments for handling claims, health insurance |
| simply goes to the internet or phone book to | | | | companies can deny any claim for just about any |
| speak with one or more agents that discuss | | | | reason. Usually, the claims that end up denied are |
| policy coverages and pricing. But should there be | | | | those involving medium to large monetary |
| more depth to this research? After all, buying | | | | amounts. A consumer can appeal the decision, but |
| insurance is just the first step. Upon filing a claim, | | | | this only delays the payment of the claim while |
| some consumers may realize that they did not | | | | the company reviews it for the purpose of |
| research deeply enough. | | | | preventing fraud. Finally, the consumer can file a |
| Does the insurance company pay claims? If not, | | | | lawsuit, but the insurance company can use its |
| why not? These are questions that are often | | | | vast amount of capital to defend that lawsuit for |
| asked of agents and answered with statistics | | | | years. |
| from a state insurance department or insurance | | | | Consider the case of Nataline Sarkisyan [ who |
| rating agency. The answer is simple: the agent | | | | needed a transplant and was denied by her health |
| just may not know. But consumers need this | | | | insurance carrier but later reversed their decision |
| answer, now more than ever. In this economy, a | | | | the day she passed away. If a potentially |
| denied health insurance claim can mean the | | | | life-saving treatment is in dispute, it becomes |
| difference between life and death. This is serious, | | | | abundantly clear that something is very, Very, |
| folks! | | | | VERY WRONG! |
| How do health insurance companies get away | | | | Because health insurance consumers need to |
| with not paying claims? When insurance as we | | | | know what companies could be involved in this |
| know it today began, the industry came to realize | | | | and other abusive practices, a website was |
| the potential for consumer fraud. Fraudulent | | | | created to help. Insurance Scam helps consumers |
| insurance claims cost the insurance industry | | | | research these issues by providing access to a |
| millions of dollars, which increased the cost of | | | | database of existing stories involving insurance |
| insurance premiums. To prevent this from | | | | companies that do business in the United States. |
| happening, legislation gave insurance companies | | | | Insurance Scam includes links to consumer |
| more time to investigate claims before paying | | | | reports, online news articles, and video clips of |
| benefits. The legislation reduced wasteful spending | | | | news broadcasts for the public to review. The |
| of premium dollars on fraudsters trying to make | | | | unfortunate truth is that the selection of an |
| a quick buck. As a side effect, the legislation | | | | insurance company is no longer a financial decision |
| enabled a new claim strategy for insurance | | | | alone - it could be a life or death decision. Protect |
| companies. | | | | yourself! |
| Insiders call this claim strategy "The Three D's of | | | | |