Why Democrats Must Investigate the Insurance Industry | Tortdeform
NycEve Why Democrats Must Investigate the Insurance Industry
Did you know that in America it’s legal to sell crap insurance to unsuspecting consumers? Let’s begin by calling these policies what they are, fraudulent.
This is exactly what’s happening to some Americans. It’s but one more reason, as if we needed any others, that the new Democratic Congress must immediately convene an investigation of this predatory and out-of-control industry.
Meet Mega Life and Health . It sells insurance via commission salesmen to beleaguered and desperate Americans. Americans who work hard and play by the rules and are frantic for any affordable insurance coverage.
Then when the enrollee becomes ill, he discovers that the policy is worthless.
Interesting. This company won’t even allow me to provide a working link to their web page. This tells me we’re knee-deep into what I would call, red flag territory. This company is selling ice to the Eskimos, it’s rotten.
The legal system should protect us from companies like this. The courts should stand shoulder-to-shoulder with the American people. However the judge hearing the Mega Life and Health case feels otherwise. He says this is America, this is legal, and you should have read the fine print.
Apparently this is a legal con operation, and it should scare you, and make you very angry.
A Nevada County Superior Court judge has dismissed a lawsuit filed by a Penn Valley husband and wife who claimed they were duped when they bought health insurance from a Texas firm and were plunged into a financial crisis after falling ill.
Judge Albert P. Dover rejected the claims of David and Darlene Henderson, saying they received exactly the benefits they signed up for when they bought a policy from Mega Life and Health Insurance Co. of North Richland Hills.
Dover suggested consumers must read the fine print before they buy any insurance policies, adding he saw no evidence that the insurer or its sales agents engaged in any fraud or made misrepresentations.
...Midwest National Life Insurance- News
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Brown Brown Insurances CEO Discusses Q4 2011 Results Earnings Call Transcript Seeking Alpha table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFVojwErc344kczyk54-XlLm_332Aamp;url=http://seekingalpha.com/article/344281-brown-amp-brown-insurance-s-ceo-discusses-q4-2011-results-earnings-call-transcriptbBrown amp; Brown bInsurance#39;s/b CEO Discusses Q4 2011 Results - Earnings Call Transcript/b/abr /font size=-1bfont color=#6f6f6fSeeking Alpha/font/b/fontbr /font size=-1As we said before, as the headwinds of the economic and binsurance/b rate downturns just slows a bit and it#39;s not so strong, our margins will generally improve. Looking at employee compensation and benefits cost as a percentage of total revenue, b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=dj6ePwSeFEHw3HMamp;ned=usnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table |
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Lillys $4.5 Million Zyprexa Agreement With Health Providers Wins Approval Bloomberg table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNHOdA1fbK_MQuetmq-owqbb-Zns-Qamp;url=http://www.bloomberg.com/news/2012-01-12/lilly-s-4-5-million-zyprexa-agreement-with-health-providers-wins-approval.htmlbLilly#39;s $4.5 Million Zyprexa Agreement With Health Providers Wins Approval/b/abr /font size=-1bfont color=#6f6f6fBloomberg/font/b/fontbr /font size=-1Health Funds The plaintiffs include the New York-based United Federation of Teachers Health and Welfare Fund; bMid-West National Life Insurance/b Co. of Tennessee; and the Sergeants Benevolent Association Health and Welfare Fund, which represents current b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=dr79MqftMpF68hMamp;ned=usnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table |
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