Are You Getting the Best Deal in Insurance?

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  7. Are You Getting the Best Deal in Insurance?

Many Americans are finding themselves overpaying for insurance, or even being scammed by their insurance companies. And the worst part is that the people who suffer from these scams are often the ones who can least afford them.

One of the biggest scams in the insurance industry is called ‘surprise billing’. Surprise billing occurs when an insurance company does not pay an entire medical bill or does not pay the entirety of a bill as promised.

Unfortunately, this is a very common scenario. Many people who are insured by an insurance company are not aware that a medical service they receive is not covered by their insurance.

In this case, the doctor who treated you will bill you for the amount of the medical service, but your insurance company will only pay for a small percentage of the cost. This leaves you with a large bill.

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