Travelers Sees Record Profits

January 26, 2010

  • January 27, 2010 at 8:18 am
    Allan says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    http://www.associatedcontent.com/article/2572409/top_5_reasons_for_medicare_claim_denial.html?cat=5

    As I stated before, I really don’t need to look past my own grand parents who are and were covered by Medicare. They never had any problems with not being covered.

    So, whatever problems you’ve heard from others with Medicare, find a solution now because we’re all going to be covered by it someday.

  • January 27, 2010 at 10:41 am
    Rick says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    I think it’s great!

    Should make Democrats happy as their tax bill is higher!

    They should also be complemented as they needed no TARP $!

  • January 27, 2010 at 10:52 am
    Otto says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    It’s not insurance companies increasing the national debt. It’s government programs! The government needs no profit, they can rely on tax payers to bail them out, our just print money.

    Government is too big. The bigger it gets the less freedom for the people and closer to the financial abyss we get.

  • January 27, 2010 at 10:55 am
    Otto says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    I forgot to mention Medicare & Medicaid deny more claims then the free market health insurance companies. You need to do more reading.

  • January 27, 2010 at 11:21 am
    AZ Ins Man says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    Unless you want socialism that this president is attempting to install due to his power hungry method of redistributing wealth. If you work and make a profit, LEGALLY!, you are evil!! If you LAY ON A F—ING COUCH, you are Obama’s favorite person. There is NO ONE without access to healthcare. Go to an E.R. and see all the illegals and unemployed people standing inline for the BEST healthcare in the world. You liberals are going to ruin it.
    You had your ONE year to quadruple the deficit you screamed so loud about when it was 1/4 of the balance now. This community organizer has spent more than ALL former presidents combined!@!!!!@

    wakeup. America is the BEST country in the world BECAUSE of Capitalism!!!

    Without it, we are a socialist mess and wealthy people, WHO CREATE 66% OF ALL EMPLOYMENT, will take their money and not take risk and start businesses TO employ you liberals.

    You had your 12 months and look at the MESS you made. NEVER again. You will have to wait another 20+ years to have both branches of govt. at your disposal to ruin this further.

    ONE TERM obama. Thank GOD!

  • January 27, 2010 at 12:45 pm
    Allan says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    Both of my grandmothers were on Medicare. One lived to be 90 and the other 86. Both had bad health ailments and were in and out of the hospital for a long time. Both of them were NEVER denied any coverge at anytime.

    My remaining grandfathers are on Medicare and report no problems so far.

    While on the other hand, the private health insurance companies still practice policy rescinding. Ever hear of Ian’s Law? http://www.washingtontimes.com/news/2009/nov/06/ians-law-would-protect-high-claims-patients/

    Also why does David Walker (former comptroller of the GAO) and Robert Bixby of the Concord Coalition along with other non-partisan organizations say the our health care system contributes largely to our national debt?

  • January 27, 2010 at 1:05 am
    SM says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    Travelers has consistently been a conservative company when it comes to capital management and underwriting guidelines. That is why their earnings are truly only volative during times of CAT activity. When the market is booming, they are viewed as old school and boring because of their conservative investment portfolio, but when the market is tanking or in flux they are viewed as a “solid investment”.

  • January 27, 2010 at 1:18 am
    Thats easy says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    Its easy to profit when you refuse to pay 1st party claims. I have had more BS denials and coinsurance penalties with them more than any other carrier.

  • January 27, 2010 at 1:22 am
    Thats easy says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    Because, hospitals MUST treat illegals, poor and anyone who walks in, even if it truly is NOT an emergency.

    As it was put by a director of a large hospital network just yesterday morning… healthcare is broken, not health insurance. Congress is trying to fix the wrong thing.

  • January 27, 2010 at 2:46 am
    Otto says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    Facts are stubborn things!

    Medicare and Medicaid deny more claims than private carriers on a per claim basis and a % to numbers.

    Do some research!



Add a Comment

Your email address will not be published. Required fields are marked *

*