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Reply #76: Previous experience with similar regulatory schemes is about the best evidence you can get! [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
depakid Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-13-10 07:11 PM
Response to Reply #55
76. Previous experience with similar regulatory schemes is about the best evidence you can get!
No reason whatsoever to think that this go round will be any different.

As I stated, if Congress and the administration were serious, there would be private rights of action- with the removal of the ban on tort of bad faith claims denial being but one of many approaches- but more importantly, one that's been proven to work.

Deny a claim or rescind a contract with bad faith in breach of fiduciary duty and you're exposed to compensatory and punitive damages in the millions. Alters the equation in favor of he patient and makes the company think twice.
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