Ex-Exec: Insurers rip off customers


	Ex-Exec: Insurers rip off customers

masbury

6-25-2009 4:03 PM

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tags:

insurance, healthcare

masbury says:

Former VP of Cigna tells of abuse of public by insurers; warns that they use "fear tactics" to defeat the only publicly accountable option.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/fe1468a5-7ed1-4d61-9586-3bdcedb86109/063F7AF4-E1EE-4B9D-AD53-EC81731646FC/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.newser.com/story/62754/ex-exec-insurers-rip-off-customers.html" href="http://www.newser.com/story/62754/ex-exec-insurers-rip-off-customers.html" style="font-size: 11px;">www.newser.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.newser.com/story/62754/ex-exec-insurers-rip-off-customers.html"><DIV class="mediaImage">
                                                <DIV class="clearfix mediaQuote">
                                                    <P>
                                                        The industry and its backers are using fear tactics, as they did in 1994, to tar a transparent and accountable—publicly accountable—health care option.
<SPAN class="quoteSource">
                                                             - Wendell Potter, former vice president for corporate communications at insurer CIGNA
                                                        </SPAN>
                                                    </p> </DIV>
                                            </DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.newser.com/story/62754/ex-exec-insurers-rip-off-customers.html">private insurers took a beating today on Capitol Hill.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.newser.com/story/62754/ex-exec-insurers-rip-off-customers.html">testimony from a former PR executive: Insurance companies routinely make consumers pay for bills the companies themselves should cover, sell "junk" policies, try to drum out sick people to keep up profits, and purposely make paperwork almost impossible to understand</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.newser.com/story/62754/ex-exec-insurers-rip-off-customers.html">Wendell Potter, a former PR exec for Cigna</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.newser.com/story/62754/ex-exec-insurers-rip-off-customers.html">testified before the Commerce Committee. Insurers "confuse their customers and dump the sick, all so they can satisfy their Wall Street investors," </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.newser.com/story/62754/ex-exec-insurers-rip-off-customers.html">Potter said the industry as a whole "is really going in the wrong direction and taking this country in the wrong direction."</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.newser.com/story/62754/ex-exec-insurers-rip-off-customers.html"><SPAN class="storysource">Sources:</SPAN>
<A target="_blank" href="http://www.washingtonpost.com/wp-dyn/content/article/2009/06/24/AR2009062401636.html?hpid=topnews" class="headline" title="Read the article at: http://www.washingtonpost.com/wp-dyn/content/article/2009/06/24/AR2009062401636.html?hpid=topnews" id="ctl00_ContentPlaceHolder1_StorySources1_HyperLinkLogoLink1"></A>
<A target="_blank" href="http://www.washingtonpost.com/wp-dyn/content/article/2009/06/24/AR2009062401636.html?hpid=topnews" class="headline" title="Read the article at: http://www.washingtonpost.com/wp-dyn/content/article/2009/06/24/AR2009062401636.html?hpid=topnews" id="ctl00_ContentPlaceHolder1_StorySources1_HyperLinkArticleLink1">Washington Post</A>,
<A target="_blank" href="http://abcnews.go.com/Business/Health/story?id=7911195&page=1" class="headline" title="Read the article at: http://abcnews.go.com/Business/Health/story?id=7911195&page=1" id="ctl00_ContentPlaceHolder1_StorySources1_HyperLinkArticleLink2">ABC News</A></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/063F7AF4-E1EE-4B9D-AD53-EC81731646FC/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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