News release: “Today, Chairman of the U.S. Senate Committee on Commerce, Science and Transportation John D. (Jay) Rockefeller IV (D-WV) announces the release of an investigative staff report, Underpayments to Consumers by the Health Insurance Industry.
“More than 100 million American consumers pay extra premiums for health insurance coverage that allows them to receive care outside their insurance companys network of doctors and other health care providers. Consumers pay more for out-of-network coverage because they believe it gives them access to the medical care that will afford them or their family members the best chance for recovery from a serious accident or illness. Over the past several years, a succession of private lawsuits and government investigations has revealed that the largest health insurance companies in the United States have been under-reimbursing their customers for out-of-network health care services. While insurance carriers have been promising to provide their customers with a certain level of coverage, they have actually been paying out-of-network claims at a lower level. The result of this practice is that American consumers have paid billions of dollars for health care services that their insurance companies should have paid.”
Sorry, comments are closed for this post.