Bernadine Healy, MD, former director of NIH’s health and is now editor of U.S. News & World Report, wrote Chilling piece on how easy is for insurers to deny claims. In the article “How cunning Health insurers are refusing treatment”:
Estimated 10 to 15 percent of [health insurance] claims were rejected for various reasons, some of [...]
The importance of health insurance ratings
Assignments from authentic firms are strategic tools used by insurers to serve the customers’ confidence in areas such as financial stability and service. The high rating is also a good marketing tool to lure customers to reinvest. For a health insurance company plans to penetrate new markets, credit [...]
How insurance companies are rated
There are many organizations that provide financial estimates for insurance companies, large enterprises, which AM Best, Standard & Poor’s, Moody’s Investors Service, cheating and Phelps, Weiss and research.
The financial status of health insurance companies is seen in its rating, which is influenced by many factors, among them bad financial [...]
Financial obligations
Health insurance is expected to meet long-term obligations and short-term health insurance policyholders. It is important for the health insurance providers to maintain consistent performance levels. A health insurance company rating gives you, the customer, a full overview of the results of the company.
In a broad sense, good health insurance company rating means the [...]
Behind the simple rules of supply and demand, the health insurance industry is dominated by many critical factors. Government policies, the general state of the economy, and bank rates have all their effects on the performance and operation of insurance companies. For some, they may want to learn even more about health insurance, and you [...]
Nothing is more important to a policyholder than the financial strength of their insurance company. We’ve made it quick and easy for you to access the latest Standard & Poor’s financial strength ratings. S&P has been assessing the financial strength of insurance companies since 1971 and is among the world’s largest insurance rating organizations. [...]
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