US Health Insurers Hiding a Dirty Secret: Soaring Denial Rates
2024-12-13
This article exposes a dark secret within the US health insurance industry: claim denial rates have skyrocketed tenfold in the last decade. Insurers are no longer selling insurance, but a gamble. Government agencies have failed to fulfill their oversight responsibilities, allowing denial rates to soar, severely harming consumers. Some insurers deny up to 42% of claims, sparking public outrage and even leading to the murder of UnitedHealthcare's CEO. The article calls for government transparency on denial rates to protect consumers.