Showing posts with label Insurance. Show all posts
Showing posts with label Insurance. Show all posts

Thursday, July 19, 2007

United Healthcare - Death Care

UnitedHealth's profit jumps 22% - Net income increased to $1.2 billion, or 87 cents per share, from $981 million, or 70 cents, a year earlier Having been part of that 1.2 billion I can relate with disgust, I had UHC, my company switched last year. I called and verified that the doctor and hospital were in the plan and it was I then my wife went for two appointments. They were both denied, as the doctor was not supposedly listed(hospital run office). The key to this is that UHC has denied not just me but many others medical care that was paid for for any technicality. There are many people who I am sure are denied for even more important procedures. Now I live in a small town and there were no other options listed, so I would have to go out of town for any care, also part of the plan to eliminate costs. UHC's tactics are not geared for the insured, but for the shareholder as is evidenced by the profits driven. That is the nature of any shareholder owned company. The problem than is that when a shareholder is the driving force behind the motives of the company, the company will drop shareholders, deny coverage, increase premiums or anything else to drive profits. The only solution is to get the shareholder out of the picture. That does not mean a government adminsitered one though(single payer). That creates the same problem with the governmentbeing the shareholder

Monday, June 25, 2007

98k

This article doesn't focus really on the fact of the 98k deaths, but I wasn't to look at this fact that people brandy about. I find it altogether impossible to believe. That's a lot of deaths or a lot of mistakes. The more likely candidate is that there were a lot of choices in a serious situation and the wrong one was chosen. Lets focus on the significant factor. The person, by and large, who died was ill, seriously ill. The death is attributed to the error, but in all reality they might or probably would have died anyways. Now this doesn't negate the reason for dealing with errors, but the number does need to be an accurate reflection on the truth. The real question is how many deaths does the insurance industry lead to by denial of claims, or procrastinating(hoping the patient dies first) or causing emotional turmoil. That is a big issue as well that needs to be addressed The other reason that 98,ooo is impossible to believe is the 1/5th statistic. that means that on average 3.7million people die from 4 main causes. I think that is impossibly shallow statistical writing. Ultimately the real question is why is it that everyone wants to live forever? 3.7 million is based on an old US population of 270mil/70 year life expectancy(rough guess)

Friday, February 09, 2007

United Health Care: Rating -2

Last year my company moved its health care to UHC, as Blue Cross was doubling the price. That sounded outragous. Well, it was, but UHC was worse. My wife ended up going to the doctor in that time 2 times and having lab and exray twice. Each and every visit I have had call up and deal with on the phone. Now all the service people were very kind, but non the less I always had to check with every charge. I hve never had as much problem with any other insurance company. I figured out any insurance company who fails to pay on claims is worthless, no matter how nice they are thus so Far UHC get a -2 rating