'Colon' Powell

[OCMuscleJock]

Starinvestor, actually both are true. It happens more often than you think. Definitely, you need to do research on the subject.

 

[D_Davy_Downspout]

This is a blatant misrepresentation of the truth. You are misunderstanding the industry.

Are you implying that a carrier drops a subscriber after he/she becomes ill? Or are you implying that the insurers won't pick up someone that is uninsured with a pre-existing condition?

The latter is true - obviously. The former is not.

Both are true. Companies will go over documentation and drop clients for even minor errors, and claim it to protect themselves from fraud.

 

[deleted15807]

Both are true. Companies will go over documentation and drop clients for even minor errors, and claim it to protect themselves from fraud.

Health insurance companies, and no one realizes this, basically decides who gets treated and for what and who doesn't. A private company makes this decision. A company's whose goal is to NOT provide health care, it's job is to return value to it's shareholders. They don't make money paying out claims. They make money by charging more in premiums than they pay out in claims.