At Regence, a $15 million typo
But they're calculating your deductible right. Sure they are.
| Posted at 3:46 PM | Permalink |
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Comments (8)
Spreadsheets are wonderful things. They can perpetuate, propagate and proliferate the smallest error without further human intervention.
Posted by Allan L. | December 12, 2012 4:12 PM
My Grandfather's favorite quote, applies today, be it for politicians or Wall Street Bankers or in this case an Insurance Company.. "Figures don't lie, liars figure"
Posted by PDXileinOmaha | December 12, 2012 4:18 PM
Were those mistakes benefiting the company? It wasn't that clear to me. Generally they do.
Posted by Jo | December 12, 2012 6:32 PM
Cambia reported $6 million in spending that had never taken place
That's nothing, these guys are pikers. In the Social Security program the Federal government reported trillions of dollars of interest earned for investments that never took place.
Posted by Newleaf | December 12, 2012 7:22 PM
Wait, the Feds invest SS money? Into what?
Posted by Jo | December 12, 2012 8:25 PM
...and is anybody surprised that the Oregon Insurance Division apparently missed the issues in is reviews of Cambia, the mutual parent of both he Washington and Oregon Regence entities?
Posted by Nonny Mouse | December 13, 2012 8:18 AM
Gee, maybe they made a mistake on the 60% price hike they charged over the last 15 months.
Posted by sally | December 13, 2012 10:30 AM
I recently received a letter from Regence saying that an internal audit had discovered that I owed Regence $25 for a co-pay they said my doctor failed to charge me. When I checked my records and discovered that I had paid the co-pay, I called Regence and they told me not to worry about it. Very odiferous.
Posted by Bill Holmer | December 13, 2012 1:35 PM