Zach Veigulis

speaker

463 appearances 1 recordings 1 series first heard Jul 2026 last heard 29 Jul

Zach Veigulis’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

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Networth and Chill with Your Rich BFF · How Health Insurance Companies Turn Claim Denials Into Shareholder Returns · 29 Jul 2026 podcast

It's the way it's designed, right?

Yeah.

They don't want you to fight back.

So essentially denials are a lever that payers can pull or insurance companies can pull to protect their profits, right?

So if that's ultimately their goal, right, if you think about their incentive, as you mentioned, legal responsibility to maximize shareholder value, this is a cheap lever, right?

They depend on patients not fighting back.

It is very cheap to issue a denial.

especially when 99.999% of patients don't appeal, it is actually pretty expensive to handle an appeal, believe it or not.

Going back to the act that was passed in the 70s, so when ERISA was introduced and passed in 1974, what it did was it allowed patients the right to appeal.

And it also said the insurance company – it was ahead of its time.

The insurance company has to appoint a board-certified specialty-matched physician to review the case.

An actual doctor has to review your care.

Now, most patients don't know that.

And if they did know that, they really wouldn't know how to do it.

So hopefully we can spend some time today kind of digging a little deeper into how to appeal, why you should.

Absolutely.

And the chances of winning are pretty high.

Yeah, you would think so.

So again, it's a lever to protect profits essentially.

Great question.

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