Cheap health insurance in Denver, can I trust the insurance company?
Always keep in mind while you’re shopping for cheap health insurance Denver and throughout the U.S., you’re not shopping for a company that cares about you and wants you to get quality health care at cheap prices.
You are dealing with very large corporations that are in the business of making as much profit as possible. Being profitable is easy…bring in as many premium dollars as possible and pay out as little as possible. Read the exclusions thoroughly, then read them again. Make yourself very familiar with their pre-existing clauses and how they may apply to you. The insurance company can trace your medical records back for years, so don’t think they won’t find out about bad test results you had while covered under another company.
The insurance companies employ doctors whose sole job is to figure out how many patients they can deny treatment to. For every procedure that they determine as “unnecessary,” their companies save thousands. Even little dollars add up.
I have a great PPO, but recently experienced this situation myself when my internist prescribed Nexium to help heal an irritated areas of my esophagus and stomach. When I went back to the pharmacy an hour after dropping off my prescription, the pharmacist told me that my insurance company had decided I couldn’t have that medication. WHAT!!!????!! They told her that they didn’t approve that medication for my diagnosis. Wow.
So I’m using an over-the-counter medication and waiting to see if it does what I need. I have heard numerous horror stories of people being denied coverage for various procedures, but I had never experienced this type of discrimination myself. But just think about the implications of thousands of people getting prescriptions for Nexium at $100+ a pop. That’s a lot of profit down the tubes.