I'd be perfectly okay forfeiting 100% of my Social Security benefits if the government would refund everything I've paid in over the years.
I'll sign a contract. No benefits.
Just give me my money back.
So let me get this straight:
If I lie on my insurance application, that's fraud. Policy voided, possible criminal charges.
But an insurer can deny a legitimate claim, delay it for months, underpay it, and force me to sue them for money I'm owed and the worst case for them is eventually paying what they owed in the first place.
There's a name for it in the industry. Delay, deny, defend. Drag it out until the person gives up or dies.
Imagine being Bill Gates’ daughter and still needing to fraud. The real business here was her collecting all of the “cool names” for her LARP startup. This wasn’t a business, it was an excuse to look like she had something of her own. Nepo smoke and mirrors subsidized by access.