People need to go to prison
Senator Josh Hawley “What you're telling us is these big insurance companies went to a consulting firm, McKinsey, and asked them to design a program to help rip off policyholders?”
“That is correct, sir”
Josh Hawley “And that has that been successful? I mean, has their program been successful in ripping off policyholders?”
“It's been incredibly successful, sir. It is actually part of this systemic fraud that's occurring every day now.”
Both property and auto insurers use McKinsey & Company and have done so for some time now. Those insurers play the same games in their respective markets trying to beat down the insured by denying claims, underpaying claims, or just ignoring the claim altogether altogether.
Yeah I don't doubt that....
Not what I asked though.
I asked if this was health insurance or property insurance.
The person I asked for a source said both but didn't provide any proof to back up the claim.
My assumption was it's likely one or the other, not both.
It's definitely both, or more correctly every segment of the insurance industry has accepted sticking it to policyholders every chance they get as standard practice.
You are saying this one man was testifying for multiple industries and not just the one he worked in.
If you're not then you're not answering what I am asking.
I am not asking or arguing that virtually any industry or type of insurance is motivated by profits over customer service.