Thursday, July 22, 2021

How Insurance Really Works and It's not About Healthcare

 

Subscribe to get alerted when we go live and upload new content. https://www.youtube.com/c/FredHampton... Fred Hampton Leftists are lefty political commentators talking news, politics, and pop culture. We strive to educate, inspire and entertain. Up First: M4A Event: https://linktr.ee/marchformedicareforall About COBRA Payments https://www.natlawreview.com/article/... Individuals eligible for free COBRA premiums (called Assistance Eligible Individuals) include anyone whose employment is involuntarily terminated (other than for gross misconduct) or has a reduction in hours, and who is eligible for COBRA during the Free COBRA Period. Expiration: September 30, 2021; (ii) the expiration of the individual’s maximum COBRA period; and (iii) the date the individual become eligible for coverage under another group health plan or Medicare. Kerri's full archived 2018 presentation https://www.digitalliberationmedia.co... Federal and state governments have dramatically increased their payments to private health care companies that manage Medicare Advantage and Medicaid managed care plans, now paying them around $400 billion a year. Medicare Advantage Plan Lawsuits Examples Pennsyvania https://www.justice.gov/usao-edpa/pr/... https://www.statnews.com/2019/02/08/s... Texas: In a case that could provide a cautionary tale for clinical laboratories, a federal whistleblower lawsuit alleges that Cigna, through its HealthSpring subsidiary, “received billions in overpayments from the federal government” in a scheme involving the insurer’s Medicare Advantage plans. The Qui tam (whistleblower) lawsuit was filed by Robert A. Cutler, a former officer of Cigna contractor Texas Health Management LLC (THM), under the federal False Claims Act. https://www.darkdaily.com/2020/10/16/... Journalists File Lawsuit To Force Feds To Release Medicare Advantage Audits Kaiser Health News is suing the U.S. Centers for Medicare & Medicaid Services to release dozens of audits that the agency says reveal hundreds of millions of dollars in overcharges by Medicare Advantage health plans. https://www.npr.org/sections/health-s... Seniors and Medical Bankruptcy In 2010, More than two-thirds of seniors age 65 and over who file for bankruptcy attribute their financial situations to health problems, according to an August 2010 report by University of Michigan Law School professor John Pottow. For 32.6 percent of those older Americans, medical bills were cited as the cause of their bankruptcies. In 2019, The number of people over the age of 65 declaring bankruptcy is up by more than 200% healthcare costs are listed as one of the primary reasons for the big increase in that number.Around 12% of all bankruptcies filed in the country now are people 65 and older. https://seniorlifeadvisor.com/why-so