Government mandated risk sharing among insurers to cover pre-existing condition losses has merit. But is it fair?
Government mandated risk sharing among insurers to cover pre-existing condition losses has merit. But is it fair?
The scheme continues. Shared savings off imaginary numbers through PPO discounts negotiated in secret and subject to gag orders, effectively screws consumers by driving costs up. There have been numerous lawsuits in recent years against Cigna, Blue Cross, Aetna and others with pleadings summarizing identical complaints.
Plan sponsors are at extreme risk as evidenced by the following article by Mark Flores. As plan fiduciaries they are liable for potential lawsuits. Hungary attorneys and outraged consumer groups are beginning to take note – Molly Mulebriar, Waring, Texas
Continue reading Fabricated Shared Savings Schemes Continue – Plan Sponsors Beware!