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this post was submitted on 05 May 2024
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What are the bad faith laws in the US like? In my province (BC) here in Canada the courts would publicly flay you for such blatant bad faith coverage. When I worked in insurance we had regular seminars with the lawyers on bad faith; the punitive damages can be (intentionally) ruinous to insurers.
If we had bad faith laws the insurance CEOs wouldn't be able to buy as many yachts, so we don't have that sort of thing. Some states have laws against surprise out-of-network billing and that is seen as a miraculous blessing.
Canada: Where are your bad faith laws??
American corporations: We don't do that here meme
In America, the laws themselves are written in bad faith.
...bad faith what now?
I read that as laws that were written in bad faith. Of those, we are bountiful.
Damages are probably capped below the cost of the drug.
Like the rest of what passes as law in the USA, they probably apply to the poor but not the mighty rich pharma corps