Story from the New York Times on how insurance companies view paying claims...BD
http://www.nytimes.com/2007/03/26/business/26care.html?ex=1332561600&en=2df67ad437336bc0&ei=5090&partner=rssuserland&emc=rss
"The bottom line is that insurance companies make money when they don’t pay
claims,” said Mary Beth Senkewicz, who resigned last year as a senior
executive at the National Association of Insurance Commissioners.
“They’ll do anything to avoid paying, because if they wait long enough,
they know the policyholders will die.”
http://www.nytimes.com/2007/03/26/business/26care.html?ex=1332561600&en=2df67ad437336bc0&ei=5090&partner=rssuserland&emc=rss
"The bottom line is that insurance companies make money when they don’t pay
claims,” said Mary Beth Senkewicz, who resigned last year as a senior
executive at the National Association of Insurance Commissioners.
“They’ll do anything to avoid paying, because if they wait long enough,
they know the policyholders will die.”
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