Tip # 726 - WHERE'S THE OUTRAGE?

Sunday, August 16, 2026

In case you missed it . . . . . 

The WSJ reported Monday (“Insurer Payouts for Car Crashes Get Less Likely” written by Jean Eaglesham and Jaclyn Jeffrey-Wilensky) “auto insurers didn’t pay out on 45% of auto liability and medical claims they resolved last year.” 

To be fair, liability and medical claims tend to be far more complicated (e.g., litigation). 

However, only one in four claims for collision and/or comprehensive coverage were paid. 

Consumers are outraged when health insurers deny (or even review) claims.

Guess what; commercial health insurers ‘only’ deny roughly 11-15% of claims. (Thanks, Claude.)

Then there’s this (again, per the WSJ article); “auto insurers last year paid out around 61 cents in claims for every dollar in premium.’

That’s called the loss ratio and Obamacare mandated health insurers pay out 80 cents of every premium dollar (85 cents for large groups). 

Where is the outrage? When is Bernie going to call for a Single Payer Auto Insurance Plan?

Best part of writing this Tip? While fact checking, somehow I stumbled onto a Super Dave Osbourne video. High-brow humor for sure!