The Standard Disability Insurance Company paid one doctor $577,000 to review 1,939 files over 2 years
In a recent long-term disability case against The Standard Insurance Company the court granted specific discovery request in order to further explore The Standard's potential conflict of interest. The Standard objected to all questions that the claimant's disability attorney had asked with regard to The Standard's potential bias and conflict of interest. Prior to granting the disability claimant's specific interrogatories sent to The Standard, the federal judge noted previous information which showed a bias in the working relationship between the Standard and the physicians that they hired to review long-term disability claims.
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Gregory, how does Standard defend such blatant abuse of policyholder best-interest? I would love to know how Standard justifies that kind of compensation to one doctor. Thanks for the article.
We were fortunate enough to dipose one of Reliance Standard Life’s doctors, and they are just as sleazy. For well over 8 years, they contracted with Dr. Hauptman (Penn Diagnostics), a gastroenterologist, to act as their medical director and perform file reviews. In our deposition, he stated that he received about 1/3 of his income from RSL in 2001, which was “over $100,000.” He admitted that in “maybe, approximately, 10% of the files I find elements of impairment.” Of course, not all “elements” support findings of disability when the claimant must perform “all the material duties” of a job. This is just one of many dirty little secrets of the insurance industry.