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Are health insurance companies making out like bandits during all of this?
Posted on 4/6/20 at 7:01 pm
Posted on 4/6/20 at 7:01 pm
Fewer doctor's visits.
No elective procedures.
Non-electives being put off.
All while premiums are still being paid.
No elective procedures.
Non-electives being put off.
All while premiums are still being paid.
6
Posted on 4/6/20 at 7:02 pm to PrivatePublic
No copays no office visits etc
Posted on 4/6/20 at 7:02 pm to PrivatePublic
Collecting premiums while not having anything to pay out. I’d say pretty good
Posted on 4/6/20 at 7:03 pm to PrivatePublic
Small groups cancelling. Fewer people working equals fewer members. Inability to sell Medicare Advantage in person. Yeah they’re doing great
Posted on 4/6/20 at 7:07 pm to PrivatePublic
I had an appointment by phone with my PCP today for a visit I had scheduled for months... they called Thursday and asked if I wanted to come in or do it by phone...
Posted on 4/6/20 at 7:12 pm to PrivatePublic
Gubmint paying at Medicare rates....so no.
This post was edited on 4/6/20 at 7:13 pm
Posted on 4/6/20 at 7:13 pm to PrivatePublic
If any insurance companies are making out like bandits, I'd say it's the auto insurers.
Posted on 4/6/20 at 7:14 pm to ElJefe686
quote:
If any insurance companies are making out like bandits, I'd say it's the auto insurers.
Yep.
I was thinking about this the other day. It is unreal what is happening to their bank accounts right now.
Posted on 4/6/20 at 7:25 pm to ElJefe686
Yep. What are car insurance companies doing for the people that aren’t paying their premiums?
Posted on 4/6/20 at 7:30 pm to Walt OReilly
Geico sent a notice that they would not terminate any policies for late/no payments during the COVID-19 crisis.
Posted on 4/6/20 at 7:32 pm to Jinglebob
Oh how nice of them
So in a few months my premiums will now go up
So in a few months my premiums will now go up
Posted on 4/6/20 at 7:33 pm to Jinglebob
quote:
Geico sent a notice that they would not terminate any policies for late/no payments during the COVID-19 crisis.
I bet the notice said nothing about rates not going up afterwards.
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