Do we all realize how much we are marketed today? Perhaps this report may shed some light on the subject. As stated in the article the AIG name of course as we all know has been tarnished so new names with new promises and financial offerings come to the table. Below is an earlier...
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The Medical Quack .... by Barbara Duck
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The Medical Quack
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Fri, Aug 7 2009
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Filed under: Medically Related, Technology, Insurance, health insurance, Fines, AIG, Bailout, Algorithms, formulas, Profits, Health Insurance Reserves, overcharges, rainy day funds, Medical Banking
In a related story in Michigan, more people are losing their health insurance; however, profits are up for the HMOs . “Michigan health plans posted strong profits in 2008, despite seeing a 10 percent drop in commercial enrollment to 1.4 million, according to the 2009 Michigan Health Market...
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The Medical Quack .... by Barbara Duck
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The Medical Quack
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Wed, Jul 22 2009
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Filed under: Medically Related, Insurance, Fines, Algorithms, formulas, United HealthCare, Health Insurance Reserves, Inginex, overcharges, : Health Insurance
Interesting that this is estimated to be about the same amount of money that is (or was) in health insurance company reserves, roughly totaled. Others now are finally asking the same question I posed back in late 2008, where’s the reserves? AIG was not a beginner with fraud with reserves...
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The Medical Quack .... by Barbara Duck
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The Medical Quack
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Wed, Mar 18 2009
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Filed under: Medically Related, Insurance, health insurance, Fines, AIG, Bailout, Algorithms, formulas, Health Insurance Reserves, overcharges, rainy day funds
At some point in time we knew this had to arise. Can you blood from a stone? Right now with current economic conditions, people just can’t afford health insurance in many instances, food and rent come first. As I have mentioned before, Health Insurance companies invested heavily in...
Posted to
The Medical Quack .... by Barbara Duck
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The Medical Quack
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Mon, Mar 2 2009
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Filed under: Medically Related, Insurance, Other Items of Interest, health insurance, Aetna, Fines, Algorithms, formulas, United HealthCare, Health Insurance Reserves, Inginex, overcharges, CEO compensation
One more time I go back to the 2 hottest words in health care today: Algorithms and Whistleblowers, where the money seems to be: The 2 New Hot Words in Healthcare: Algorithms and Whistleblowers Both Wall Street and the Health Insurance Industry invested heavily with technology early on, and one...
Posted to
The Medical Quack .... by Barbara Duck
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The Medical Quack
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Sat, Feb 28 2009
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Filed under: Medically Related, Insurance, health insurance, Fines, Algorithms, formulas, United HealthCare, Health Insurance Reserves, Inginex, overcharges, CEO compensation
This is an interesting article with new health cards, but leaves a few questions if you will. It states no information is stored on the card, thus does the card to go the website to find the individual patient information? Also it says the patient has to give permission, so how is that done, does the...
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The Medical Quack .... by Barbara Duck
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The Medical Quack
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Wed, Feb 4 2009
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Filed under: Medically Related, Insurance, health insurance, PHR, Fines, Algorithms, formulas, United HealthCare, Health Insurance Reserves, Inginex, overcharges, ID Cards
One more state is continuing their investigation of United Healthcare and the use of Ingenix. Ingenix is set to close as part of the New York deal and the $50 million will go towards setting up a not for profit entity. Also, other insurance companies were using Ingenix too and the company...
Posted to
The Medical Quack .... by Barbara Duck
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The Medical Quack
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Thu, Jan 15 2009
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Filed under: Medically Related, Insurance, health insurance, Fines, Algorithms, formulas, United HealthCare, Health Insurance Reserves, Inginex, overcharges, Ingenix
The Attorney General states that Ingenix, owned by United has been manipulating numbers, and if you check in to some of the prior posts here you can also see how firms of such are using your drug rap sheets too. It comes back to the algorithms or formulas used by the insurance companies to create...
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The Medical Quack .... by Barbara Duck
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The Medical Quack
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Wed, Jan 14 2009
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Filed under: Medically Related, Insurance, health insurance, Fines, Algorithms, formulas, United HealthCare, Health Insurance Reserves, Inginex, overcharges