> Why wouldn't maximizing denials always be the priority for an insurance company?
I mean it shouldn't be.
Imagine this; you have the choice between 2 insurance companies. One has a reputation of denying all claims and the other doesn't. Which do you pick for your insurance?
> Imagine this; you have the choice between 2 insurance companies. One has a reputation of denying all claims and the other doesn't. Which do you pick for your insurance?
And as some of the pre-ACA "catastrophic" plans often showed, those who do often go with "whichever is cheaper", and only find out when they get sick how dismal they are.
I mean it shouldn't be.
Imagine this; you have the choice between 2 insurance companies. One has a reputation of denying all claims and the other doesn't. Which do you pick for your insurance?