Insurance Talk

Guest

Insurance is a scam which works by NOT paying people their dues.

America now wants to export this insurance scam to the rest of the
developing world with many insurance companies waiting in the wings to
jump in and rip off the whole globe. People should be wary of any
insurance policy.

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Employers use federal law to deny benefits

Saturday July 5, 11:05 am ET
By Mark Sherman, Associated Press Writer
Workers -- and some judges -- frustrated in legal fights over benefits
with large employers

WASHINGTON (AP) -- Dying of cancer, Thomas Amschwand did everything he
was told to make sure his wife would collect on the life insurance
policy he had through his employer.
"He was obsessed with dotting every `i' and crossing every `t',"
Melissa Amschwand-Bellinger recalled about her husband, who died in
2001 at age 30.

But Spherion Corp., the temporary staffing company where Amschwand
worked, told Amschwand-Bellinger she would not receive any of the
$426,000 in benefits she believed she was due. When she went to court,
Spherion succeeded in getting her lawsuit thrown out. The Supreme
Court on June 27 refused to review the case.

Amschwand-Bellinger received a refund of the few thousand dollars in
insurance premiums she and her husband dutifully had paid. The total,
she said, would not cover the costs of his funeral.

Read the whole story :
http://biz.yahoo.com/ap/080705/benefit_battles.html

Stray Dog · Guest

You didn't lie.

Yes, insurance is a scam, and in many ways.
1. Govt (state) requirement means you have no choice (eg. car
liability).
2. Fear of the unknown, means you are forcing yourself into it.
3. Mortgage insurance, means the loaning agency wants its money in
case you default.
4. Insurance companies often screw the subscribers in all kinds of
ways and I know
how this works in the health care area and also doctors get screwed
too (although
doctors are not innocent, blameless, altruistic entities, either).
5. Insurance companies also screw non-medical area subscribers, too,
and this even gets
into major books ("Serpent On the Rock" is about Prudential-Bache
screwing its customers out of billion dollar levels of asetts, I don't
have the book handy but it is around here somewhere).

some advice: Read the Consumer Reports, look for relevant books at
your local public library, contact your state's Attorney General's
Office for brochures, etc., contact your state's Dept of Insurance
(they have the power to yank company licenses if those companies fuck
over too many people, and they will look into denied benefits if you
approach them properly), and lastly, know your carrier's appeal
procedure, ...and ...above
all read the newspapers for shit, and google is your search friend for
this.

Oh, yes, I was highly privy to an insurance ripoff and I authored an
op-ed piece that showed
up in a state newspaper (some years ago) and I pointed fingers and
named names and said
that X company (actually APS [and I've still got the paperwork on
this, a stack about a foot high]) who "accidentally on purpose" set up
a process for denying claims and about one year later the state
dropped them from the medicaid reimbursement list. Oh, by the way, you
might not be aware that medicaid is NOT insurance (our state
Department of Insurance explained this to me).

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visualseep...@yahoo.com wrote:

Democracy Highlander · Guest

Spread the word and ask people to boycott Spherion.

visualseeplus@yahoo.com wrote: