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Gotta love those insurance companies, don’t you? Maybe not so much

The world is full of sad stories about insurance and the way it often fails people when they need it most. I worked for a few years typing denial letters mostly about car insurance and homeowners insurance claims. I quickly learned that the REAL purpose for insurance companies is to 1) collect as many years of claims' free premiums as possible, and, most importantly, 2) find ways to deny or pay the least possible amount on your claims.

That's the reality of it, folks, and don't every let an insurance agent convince you otherwise. I worked at this insurance company's headquarters, transcribing letters from their adjusters to their customers and from the Litigation Department lawyers to their customers and other lawyers. It's all a money game, and it's biased as firmly in favor of the insurance company as any slot machine is biased in favor of the casino.

In our community just last week, there was a sad news story about a family with a teenage son in a coma as the result of being hit by a car. There was a particular breathing device, a vest of some sort, which made it easier for him to breathe. The parents were telling a TV reporter that the doctor things this device not only was keeping him healthier, but that it may actually have been helping him come out of the coma.

Problem: The family's insurance was about used up and they were going to hold a fundraising event for family, friends, and the community at large to raise money so their son could continue to breathe well and maybe have a chance at getting well.

What, in the name of God and all that might be holy, is an insurance company doing depriving this family of the device because the policy limit was used up?? Sure, I know insurance companies are a business. I'm sure the company's agent and employees felt really bad for the boy.

That still won't help keep him alive.

Yeah, well. What's the answer? I don't know.
[tags]insurance, insurance claims, insurance crises, just a guy who reads the papers[/tags]