Medical Insurance Pre existing conditions

[Bill-K]

Re: Medical Insurance Pre existing conditions

TBH - considering what he has been through, and what he has had to do to get this sorted - along with the puny £100 compo - I don't actually feel that any thanks are in order. I agree that it would be 'nice' to at least express some relief at finally getting the decision reversed - but since when has 'nice' had anything to do with it ?

I would just send them something short and sweet - and perhaps comment on that stingy £100.

[Turboman]

Re: Medical Insurance Pre existing conditions

Bill and myself have had an off-thread discussion and he agrees my figures are the correct ones--so the up to date calculations as at todays date (16/9/2013) are:

Payment of unpaid claims 60 @ £199.69 = £11,981.40
8 % on each unpaid mthly claim from the date it was due to 16/9/2013 = £3,950.38

Sub-total = £15,931.78

Add £100 compensation

Grand Total = £16,031.78

In order that Skyways ( and others not familiar) can follow how I got the 8% total, I outline the theory below and include the spreadsheets.

The awarding of 8% compensatory interest (simple interest) is now firmly established and we originally used it for the old claims for bank penalty charges ---and currently our spreadsheets for mis-selling of Loans with PPI also use it.

Here's a couple of links to read:

http://www.financial-ombudsman.org.u...tment-loss.htm

https://www.gov.uk/make-court-claim-...k-out-interest

So here's the spreadsheet(in image format) that I used for Skyways--it is in fact adapted from the one I used for claiming Bank Charges in 2007+

It is SIMPLE INTEREST not compound.




Note that the earlier months attract more interest than the later ones
I also attach the Excel SS also so those that are interested can hover over columns F-H to examine the formulae
--but the effective result for each month's 8 % is:

Amount of Unpaid Claim x number of elapsed days from original date to now x 8%/365

Skyways1.xls

Hope that helps a bit

Turbs

ps--the "Daily Rate" of £2.64 is the amount to be added per day from 16/9/2013 to payout date

[TUTTSI]

Re: Medical Insurance Pre existing conditions

Well done all concerned, that is fantastic news for Skyways and a lesson for insurers is not to mess with a Beagle.

[Bill-K]

Re: Medical Insurance Pre existing conditions

Yes indeed - well done Turbo. I agree with your calculation.

As this is not a loan or a 'revolving credit' account, then Turbo's method is correct. In my case, I used an adapted credit card spreadsheet, which calculates interest due on the balance in the preceding month each time. In this case, it added an extra month of 8% interest - which was incorrect.

My apologies for the extra work involved.

- But I still think £100 compo is stingy !!!

[skyways]

Re: Medical Insurance Pre existing conditions

Hello everyone,Just an update ,I still have not had any word back from Halifax, and look for post every day.I will keep you informed. Thanks.Looks like it is going to drag on.

[marshallka]

Re: Medical Insurance Pre existing conditions

Hi There, When I was told I was ill it made me lose the will to carry on. I just didn't know what lay ahead,and I still don't, that is the worries that I have, not brought upon myself, and the last thing I thought about was insurance,then as the years went by I found I could no longer work ,although I tried to kid on each day as it came,but I could not kid on any longer ,like climbing up a 30 foot ladder and feeling dizzy.I have sent documents to forum to say I carried on working a long time after I and my employer were advised for my own safety not to .How do you not know ,or how to judge a genuine case? then being told by insurers you knew you were ill, it beggars belief, I can see from the insurers side that they have a job to do,but please believe me when I say people with serious illnesses have much on their mind,and the added worry of security for the familly,a worry they can do without.We as taxpayers have seen bank bailouts, huge salary pay offs to bosses,i don't know if this was right or wrong as I never had an opinion before,but they did not believe me when I say, I did not know I had Parkinsons when I applied for a loan.That is making me even more ill, and find it hard to sympathize with the insurers,

I sympathise with you there. I am going through a similar thing myself but against my employer who sacked me whilst I was recovering from surgery. I had a condition that was a serious condition and will need life long treatment but was thought to be a simple condition. I had "symptoms" before taking on my employment and one of them was vertigo which I told their occupational health about in my employment questionnaire but I had not had any diagnosis to be able to tell them a name to my condition I was suffering symptoms from and I had thought it was related to my stress, depression and anxiety but a few months into my new job I was diagnosed. I am taking my employer to a tribunal regarding this as they are stating I did not make them aware when I started but I DID make them aware of anything I was diagnosed with.

How can you make anyone aware of something that you are not medically diagnosed with?

My claim against my employer is disability discrimination. I have had my case management discussion and am now awaiting my preliminary hearing in October but ACAS are involved at the moment. I had to get lots of medical notes and hospital notes but when you read them it makes you wonder who actually knows anything. I have a solicitor through my house insurance who has eventually (after my doing most of the work myself may I add) decided he will take it on and provide a barrister for my hearing.

I just hope I win.

[marshallka]

Re: Medical Insurance Pre existing conditions

Oh and well done skyways. So pleased for you.

[skyways]

Re: Medical Insurance Pre existing conditions

Hi Marshalka,Thanks for the post, I will tell you more later as I got to go to the Dentist now.Tell you more later to-night, Cheers.

[skyways]

Re: Medical Insurance Pre existing conditions

Hi Marshalka, Sorry not to finish what I was saying , I had to go to the dentist,which is a worry to me,went o k . The Legals gave me advice and showed me direction when I really needed it.Hope they will always be there for others. I still have not heard from Halifax but I know we got the decision reversed. I hope everything turns out very well for you. Cheers.

[Turboman]

Re: Medical Insurance Pre existing conditions

Hi Skyways

I directed Marshy here btw

She is one of my fondest friends on here--when LB asked me & Bill to help out on PPI with Nelliewops & Pompeyfaith---I immediately asked Marshy & di30 from MSE to come and help me too

Unfortunately--she's been a bit poorly lately (more than what she has posted ) and has been off site for a while

Me and Marshy had a marathon here Skyways--probably exceeded the 100 E-Mails we had ferretting out your stuff
http://www.legalbeagles.info/forums/...ighlight=court

Marshy--theres been a few site upgrades since you last here--one of which resulted in all of us losing our "thanks count" so thats why you are light again

Take care both of you

Turbs (C***e)

[skyways]

Re: Medical Insurance Pre existing conditions

Hi T here ,Another update,still no word from Halifax, I know these things take time,but hope it is ok. Should I give them another week?

[Turboman]

Re: Medical Insurance Pre existing conditions

Its 14 days since the letter--I suggest a phone call to Carol O'Leary the Customer Relations Manager to just let her know the Claims Department haven't been in touch yet

Hello everyone,Just an update ,I still have not had any word back from Halifax, and look for post every day.I will keep you informed. Thanks.Looks like it is going to drag on.

[charitynjw]

Re: Medical Insurance Pre existing conditions

Hi skyways,

If it were me, I would drop a gentle reminder to Carrie O'Leary, Customer Relations Manager at Halifax. (See your recent 'good news' letter)
With proof of postage, of course.

Edit
(Like Turbo says above, lol)

[skyways]

Re: Medical Insurance Pre existing conditions

Hi There,Another update and still nothing from Halifax. Will be faxing them first thing on Monday morning. Can you advise me as to what I should put in content of letter. Thanks.
I shall be faxing Customer Relations.

[SAVA05]

Re: Medical Insurance Pre existing conditions

Hello skyways, I would just e-mail the CEO of the Halifax ( David Nicholson ). Customer Relation Department are too slow and you will not get too much joy from them.