When a health insurance claim is denied, patients have the option to appeal, and research shows that many denials could be overturned if patients push back. This process can lead to a significant number of overturned denials, with an estimated 1 million denials potentially being overturned. Patients are encouraged to take action when their claims are denied.
Impact: The appeal process can have a significant impact on the healthcare industry, particularly on insurance companies such as UNH, ANTM, and CI.
Not investment advice