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And for heaven’s sake, being “a billion dollar company” doesn’t mean squat, positive or negative. Billions in revenue means billions in expenses. I am so tired of people referring to “billion dollar companies” like they owe us something extra simply for being big.
]]>Just because a company *can* go after that money, doesn’t mean that doing so is the right thing to do. Sure, if someone broke their leg and didn’t have any long term impairment or lost time off work, then settlements should go towards paying back for health insurance payouts. But in a case like this, it’s criminal for a billion dollar company like Wal-Mart to go after someone with a life-time impairment. Even if she’d kept all of that million dollars, it wouldn’t be enough to pay for her lifetime care.
This is just one of the many reasons that I absolutely refuse to shop at Wal-Mart ever again. They are the very worst example of an uncaring big company.
]]>Next – all insurance companies have a subrogation clause. They pay for the health costs in good faith they will be repaid in case there is a legal settlement that covers healthcare costs. For this woman to keep the money that Walmart paid out would be considered unjust enrichment. Her settlement was supposed to cover ALL healthcare costs..that means even what Walmart paid out on her behalf. She got paid twice if she doesn’t return the money. As I said, the real crooks here are her attorneys for taking 58% of her settlement.
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