this post was submitted on 07 Dec 2024
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10-20 percent is still insanely high, considering the amount of cases were taking about here. Even just one percent would be thousands suffering for no better reason than profits.
I think we need to accept that there are some fraudulent claims filed that should be denied. I have no idea what the percentage is or how to determine it, but I would think it is below 10%, probably below 5%.
Man, think about how much better the world would be if insurance companies were automatically audited with greater than 5% denials.
What a fantastic idea. You should run for office.
Better to accept a few fraudulent claims than deny a legitimate one IMO, but then again I’m not CEO material (I care about people)