Health Insurance companies despite the downturned economy are still showing major profits and as stated below maintaining some pretty large “reserve” funds, money that basically just sits there and collects interest, which is some pretty large dollar amounts and the related reading below will give some...
Posted to
The Medical Quack .... by Barbara Duck
on 11-15-2008
Filed under: Medically Related, Insurance, healthcare, health insurance, Hospitals, Blue Cross, bankruptcy, Desperate Hospitals, Blue Shield, Venture Capital, Reserve Funds, Profits, Bank
If you work at Serigraph, a specialty printer based in West Bend, Wisconsin, you will be part of the pilot program. It starts in January and offers no out of pocket expenses for the employee. Hospital are approved by the joint commission. The rights and remedies statement below interesting...
Posted to
The Medical Quack .... by Barbara Duck
on 11-12-2008
Filed under: Medically Related, Insurance, Surgery, health insurance, Hospitals, Blue Cross, Medical Tourism, India, Risk Management, Wellpoint
FDA approved - investigational? Why do we have issues with insurance companies? Where does the money get spent, California is trying to change this to where 85% of premium money goes towards healthcare. It does make you wonder sometimes when you see so many projects funded by insurance...
Interestingly enough, while I was watching this video, my cell phone rings from Anthem Blue Cross with an automated questioning system about taking care of my health, somewhat of a parody as I was reviewing the video for the blog. I went through the system and first off I do have to make one comment...
Posted to
The Medical Quack .... by Barbara Duck
on 08-19-2008
Filed under: Medically Related, Insurance, My Commentaries, healthcare, privacy, health insurance, Marketing, Blue Cross, bankruptcy
It used to be we would hear some type of concern, but the comments here sound like a torrid of anger, hope this is not a sign of the times when it comes to working with carriers for health care. It makes it sound more like a war than a negotiation process towards working to achieve better healthcare...
Good news to help some of the financially strapped hospitals here in California, but how much will each one actually see, as 11.8 million among 480 hospitals is not a huge chunk of change. In the meantime though, the current woes for WellPoint continue over stiffer penalties. One report from last...
The lawsuit states they “broke the law” by acting like a for profit organization and shifting funds to buy a California insurance company. It appears as if Blue Cross operates similar to an assigned risk carrier as they cannot deny coverage as long as the patient pays , unlike out here in California...