Daily Agitator

This is one of the most disgusting stories this year!

Lots have been said about the care of vets and their treatment…..remember the sad condition of the vet hospital in Washington?  Remember the high number of suicides?  Remember the church that protests at the funerals of fallen soldiers?  The list goes on and on….all this is shabby and should be a crime but there is one that I could hardly believe when I first read it………this piece was posted on the Newser website:

It turns out that insurers handling death benefits for American soldiers have got a sweet scam going that enables them to keep profiting from the money even after it is supposedly paid out to families. They tell bereaved relatives that they’ve opened a convenient, interest-bearing account for their money that’s a nice, safe place to keep it and they give them a “checkbook.” But it’s not a normal checkbook, they don’t open individual accounts for each soldier, and they skim off most of the interest the money is making—giving beneficiaries 1% while it’s earning 4%.The military families are getting less than half the interest they would in a normal account, Bloomberg reports. Not only that, the money held in these general corporate accounts at Prudential or MetLife, isn’t insured by the FDIC. Prudential says they make it clear to military families that they can take their money out anytime they want, but an insurance law professor isn’t impressed. “It’s institutionalized bad faith,” he says. “It’s turning death claims into a profit center.”

Read more: http://www.newser.com/story/96760/insurers-rip-off-families-of-fallen-us-soldiers.html#ixzz0v6QzD2fA

Remember the names of the insurance companies….write them and let them know how you feel about their tactics toward the families of fallen soldiers…..this is what capitalism is all about?!  This is just a horrible thing to do to families after their loss.  This is CRIMINAL and these a/holes should be prosecuted and prosecuted hard……As a veteran who lost 9 of my closest friends in war…I find this offensive and unacceptable in all ways….there is a special place in Hell for pricks like these companies!