Judge Calls Insurance Denial Process “KIND OF STRANGE”

By Greg Lamm

A Washington federal judge on Thursday said the insurance industry’s practice of letting an insurer decide whether it is required to provide coverage is “kind of strange” during a hearing involving a teen’s lawsuit seeking coverage from a Premera Blue Cross plan for her yearlong mental health treatment at a residential facility.

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What You Actually Take Home From a $50,000 Salary in Every State

The Lone Star State is tops in the nation when it comes to take-home pay, with a $50,000 earner keeping $38,190. As one of the nine states with no income tax, Texas has to share this title with eight other states, but its residents don’t likely mind as they bring home more than residents of other states at the same income level.

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Decoding the Complexity: Why Insurance Policies Are Impossible to Read

Decoding Machine Unveils The Truth Behind Insurance Policies

Insurance policies are notorious for their convoluted language and overwhelming complexity. They often leave policyholders scratching their heads and struggling to comprehend the terms and conditions of coverage. This is intentional.  If you start from the premise that insurance companies do not make money by paying claims, then things start to become clearer.  In this blog post, we explore the reasons behind the incomprehensibility of insurance contracts, examine the impact on policyholders, and provide insights into navigating these perplexing documents.

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