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(EMAILWIRE.COM, November 26, 2011 ) Pensacola, Florida -- Top seven reasons BP Claims are denied are:
7. Category Denial. Being an oil rig worker or clean up/government employee
6. Deficiency Denial. Failing to provide needed information within the 30 day expiration period.
5. Deficiency Denial. Failing to provide income data and not submitting evidence before the 30 day expiration to cure the deficiency.
4. Deficiency Denial. Failing to provide evidence of employment/business at the time of the Spill.
3. Trending failure. The business demonstrated a Post-Spill economic gain.
2. Reviewer Reviewer error. An error is made by the reviewer while processing.
And the number 1 reason for denial of GCCF claimsÂ…Â…
1. CAUSATION, CAUSATION, CAUSATION.
Causation is the most common reason why claimants are having their claims denied. The BP Oil spill was an event that triggered multiple other events that hurt the Gulf Coast financially. Fishing was pointless, tourism to the Gulf Coast drastically declined, beaches were ruined, businesses closed, people became ill, jobs and homes were lost. The GCCF has been denying claims, stating that the loss was not a result of the Oil Spill. This is true in some cases, but most claims were not done, filed, or processed correctly.
Errors are being made by reviewers on a consistent basis, and these errors are leading to denied claims and long processing times.
Claims that are denied for trending failure may at first seem like a valid reason for denial. This is not always the case. BP Claims Experts are evaluating claims such as these and have found that even though people did not have loss of business and did make money after the oil-spill that they showed a decline in growth rates, or higher advertising costs or cut overhead. These claims are still valid claims.
Deficiency denials are common because of the lack of expertise in knowing what is needed to file claims and getting that information to the Gulf Coast Claims Facility within the allotted time. People who have suffered from the BP oil spill have their hands full trying to keep their lives together and the stress that comes from this can cause issues with collecting correct information and submitting by the deadlines.
When Ken Salazar issued a moratorium on deep water drilling back in May of 2010, thousands of Oil Rig workers were unemployed. BP believes that they are not responsible for these losses but that the US Government caused this. BP is responsible for this because there would not have been a moratorium if there had not been an oil spill. The latest new here is Feinberg is finally saying he wants to pay these claims.
These seven reasons of why the GCCF is denying claims may be valid but that does not mean that these claims are dead in the water.
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