Beverly Gossage, Research Fellow for Show-Me Institute and founder of HSA Benefits Consulting wondered which insurance companies rejected the most claims. She found her answer in the AMA’s own 2008 National Health Insurer Report Card. The chart below appears on page 5 of the 16-page report.
Of the eight insurers listed, Medicare is most likely to reject a claim, sending away 6.85% of requests. This is more than any private insurer and double that of the private insurers’ average!
Many arguments against Obamacare are made on the basis that it is fashioned after Medicare and the fact that Medicare is going bankrupt and is not financially sustainable, hence new proposals to cut $500 billion from Medicare in the next 10 years.
Stepping away from the financial instability for a second, we now see, thanks to Big Government doing it's homework, that the money isn't the only issue.
Obamacare is fashioning itself after one of the largest deniers of care, yet they tell people that medical care would be better if run by the government, via the "public option"?
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