Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America Highlight
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— Matt TaibbiHorizon Blue Cross was the poster child for local health insurance cartels—it dominated the state of New Jersey, operating like a Mafia gang that insisted on its protection money, and it was a dangerous thing for any hospital to buck its power. In this case, Bayonne’s decision to drop out of the network inspired a serious reprisal: the insurer drowned Bayonne in paper and denials. It denied repayment in one case involving a patient who had come in to the hospital and received IV antibiotics; the grounds were that the patient had been a nurse twenty years earlier and should have been able to administer that care herself, in her own home. “I guess if your father’s a surgeon and your mother’s an anesthesiologist, lie down on the kitchen table and get your heart fixed there,” Kane quipped.
Replicated under Fair Use from Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America by Matt Taibbi.