TL;DR of Nation’s Beloved Health Insurance Companies Might Be Scamming Medicare? That Can’t Be Right!
• The Wall Street Journal ran an exposé about the tendency of these companies to claim Medicare Advantage customers suffer from a variety of ailments for which they never receive any treatment. From 2018 to 2021, the article alleges, these companies bilked Medicare out of $50 billion this way.
• Each HIV diagnosis generates about $3,000 a year in added payments to insurers. When they diagnose people with health conditions they don’t have in order to get more money from the US government, they are stealing tax money that we could actually use to help people (or bomb them, one of the two).Andrew W.
• Cuomo: If these companies scammed us, maybe we can figure out a way to provide our citizens with a less stupid healthcare system that does not steal from hard-working Americans (in a slightly different way than he usually does).There are few institutions more adored in the United States of America than private health insurance companies. People love the choices they provide, even if I have no idea what they are and no one can explain them to me.