Got health insurance? Think you're sitting pretty? Think again.
Health insurance companies fatten their bottom line not by helping people but by screwing them.
For-profit companies make money three ways:
First, they use medical underwriting, which is industry shorthand for finding ways to reject those applicants most likely to need care. Not only people with serious illness are denied insurance; so are individuals who may be 20 pounds overweight as well as those with acne or an old athletic injury.
Second, health insurers routinely weasel out of, or delay for months -- even years -- making payments for valid medical and hospital claims.
Third, they look for plausible reasons to reverse payments they have already made on your behalf. These reversals can occur one or more years after you thought your bill had been paid. And when a physician or hospital has to refund a payment, guess who gets the bill. You.
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