Comments for Benefits Watchdog http://blog.mossbenefits.com Employee Benefits for the Small Business Fri, 19 Mar 2010 13:33:30 +0000 http://wordpress.org/?v=2.2.1 Comment on Americans overestimate Medicare coverage by Drew Nichols http://blog.mossbenefits.com/2008/03/12/americans-overestimate-medicare-coverage/#comment-122 Drew Nichols Sat, 15 Mar 2008 03:53:33 +0000 http://blog.mossbenefits.com/2008/03/12/americans-overestimate-medicare-coverage/#comment-122 As someone who works in the long term care insurance industry, I am biased, but I have to agree that the AARP is finding out how shockingly ignorant the average American is about the costs and the payment forms for long term care. The problem is, costs are growing as fast or faster than many people's retirement accounts. They've worked their entire lives to build a nest egg to pass on to children or grandchildren and in the next 20 years, many of them, the majority in fact, will have to decimate all of their hard work by going in to long term care facilities which run up costs as high as $300 per day quickly. As someone who works in the long term care insurance industry, I am biased, but I have to agree that the AARP is finding out how shockingly ignorant the average American is about the costs and the payment forms for long term care.

The problem is, costs are growing as fast or faster than many people’s retirement accounts. They’ve worked their entire lives to build a nest egg to pass on to children or grandchildren and in the next 20 years, many of them, the majority in fact, will have to decimate all of their hard work by going in to long term care facilities which run up costs as high as $300 per day quickly.

]]> Comment on State of NY prepares to sue United Healthcare by jeffrey dach md http://blog.mossbenefits.com/2008/02/15/state-of-ny-prepares-to-sue-united-healthcare/#comment-73 jeffrey dach md Tue, 26 Feb 2008 15:18:42 +0000 http://blog.mossbenefits.com/2008/02/15/state-of-ny-prepares-to-sue-united-healthcare/#comment-73 A simple solution to end this health insurance abuse is have the states regulate the health insurance industry just like a public utility is regulated. This will rein in the obscene profits made by the insurance industry taking advantage of the vulnerability of sick Americans. How does one deal with an eight hundred pound Gorilla that misbehaves and denies coverage for your medical bills? Patsy Bates found out when a California court awarded her 9 million dollars for damages. Her insurance carrier, Health Net cancelled coverage when she needed breast cancer treatment. Her lawyer, William Shernoff, not only read the book, he wrote the book: "Fight Back and Win: How to Get HMOs and Health Insurance to Pay Up". Bravo for LA City Attorney Delgadillo and New York City Attorney General Andrew Cuomo for going after the health insurance industry for fraudulent practices such as cancellation for pre-existing conditions and underpayment for out-of-network doctor bills. To read more: http://jeffreydach.com/2008/02/24/fighting-the-abusive-practices-of-health-insurance-companies-by-jeffrey-dach-md.aspx Making Your Health Insurance Company Pay Up by Jeffrey Dach MD Jeffrey Dach MD http://www.drdach.com A simple solution to end this health insurance abuse is have the states regulate the health insurance industry just like a public utility is regulated.

This will rein in the obscene profits made by the insurance industry taking advantage of the vulnerability of sick Americans.

How does one deal with an eight hundred pound Gorilla that misbehaves and denies coverage for your medical bills?

Patsy Bates found out when a California court awarded her 9 million dollars for damages.

Her insurance carrier, Health Net cancelled coverage when she needed breast cancer treatment.

Her lawyer, William Shernoff, not only read the book, he wrote the book: “Fight Back and Win: How to Get HMOs and Health Insurance to Pay Up”.

Bravo for LA City Attorney Delgadillo and New York City Attorney General Andrew Cuomo for going after the health insurance industry for fraudulent practices such as cancellation for pre-existing conditions and underpayment for out-of-network doctor bills.

To read more:

http://jeffreydach.com/2008/02/24/fighting-the-abusive-practices-of-health-insurance-companies-by-jeffrey-dach-md.aspx

Making Your Health Insurance Company Pay Up by Jeffrey Dach MD

Jeffrey Dach MD
http://www.drdach.com

]]>