Of all bankruptcies filed annually by Americans, more than half are caused by medical bills. Worse, 75% of the people who go bankrupt had health insurance at the time, but were driven into poverty anyway. Why does this happen? And why are the elderly especially vulnerable to abuse?

According to The New York Times, health insurance companies initially deny approximately 100 million claims every year. Reversal rates are surprisingly high…but only for people with the time, energy and expertise to pursue their dispute effectively. That means writing articulate letters citing applicable law and/or medical literature supporting your position. It means making numerous phone calls, each time fighting your way through the maze of automated messages and other hurdles designed by insurance companies to wear people out and convince them to abandon their claims. And it means being willing to read and parse the dense, legalistic language that comprise insurance policies, to confirm your rights.

Few people have the patience for it. Fewer have the professional skills to compel a decision maker at the insurance company to order a reversal of a denial when they do finally speak to them.

Isn’t this is precisely what insurance companies rely on, especially with regard to the elderly? The medical claims of the elderly tend to involve more money, and if they’re not feeling well, they’re the ones most likely to let an improper denial go unchallenged. Is it all just one big, honest mistake, or does it suggest a system intentionally designed to wear you out, so that they can avoid paying on valid claims? 

Never forget that, to health insurance companies, denials mean profits. The less money they spend paying claims, the more they profit. As profits rise, stock prices rise and executive compensation rises. According to some estimates, insurance companies can save up to 30% via wrongful claim denials.

Healthcare Watchdog was created to stand up for you when you’re unable to stand up for yourself. Whether you’re not feeling well enough to fight for what you’re entitled to, or are unable to effectively advocate for your rights for any other reason—or even if you just live too busy a life to waste endless hours fighting with your insurance company and would rather have professionals handle this unpleasant chore for you—Healthcare Watchdog’s team of dedicated professionals is ready to do it for you. And while private medical billing advocates charge up to 50% of what they recover for you as their fee, Healthcare Watchdog charges just $14.95/month to protect you for any problems that arise, regardless of how often it happens or how much money is in dispute.

Don’t live your life one bad diagnosis away from financial ruin. Visit this website to learn more about what Healthcare Watchdog can do for you:  www.HealthcareWatchdog.net.