http://www.wattscookinblog.com/2010/02/wrong-direction-2009-insurance-company-profits-up-with-fewer-covered/ ..blogging with Joe and friends. Fri, 18 Nov 2011 12:14:03 +0000 hourly 1 http://wordpress.org/?v=3.0.4 http://www.wattscookinblog.com/2010/02/wrong-direction-2009-insurance-company-profits-up-with-fewer-covered/comment-page-1/#comment-1629 Wendy Tue, 02 Mar 2010 05:31:55 +0000 http://www.wattscookinblog.com/?p=2897#comment-1629 Last year they didn't give any raises at work because of the poor economy, but health insurance premiums went up 10%. This year, they decided to give raises of less than 2% because employee morale is at an all time low. I guess less than 2%is better than nothing, right? But health insurance is going up another 10%. It's crazy! I heard a story on NPR last week that said that insurance companies initially deny 1 out of every 14 claims. A lot of them that are denied people appeal and do end up getting the claim paid, but there are a huge amount of people that just get the bill and think they are responsible for it and go ahead and pay it. The whole system is broken. Last year they didn’t give any raises at work because of the poor economy, but health insurance premiums went up 10%. This year, they decided to give raises of less than 2% because employee morale is at an all time low. I guess less than 2%is better than nothing, right? But health insurance is going up another 10%. It’s crazy! I heard a story on NPR last week that said that insurance companies initially deny 1 out of every 14 claims. A lot of them that are denied people appeal and do end up getting the claim paid, but there are a huge amount of people that just get the bill and think they are responsible for it and go ahead and pay it. The whole system is broken.

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