Health care fraud is prevalent. Many scams try to sell bogus insurance policies to unsuspecting victims. There is another form of health care fraud — perpetrated inside the system. When scams and fraud are uncovered, the health insurance system usually responds with stricter regulations and policies.
The biggest impact health insurance fraud has on patients is that it raises insurance prices. For every insurance claim paid that turns out to be fraudulent, the insurer has to raise prices to cover their losses. Health care fraud within the government has an even bigger impact because your tax dollars pay for it. Ultimately, it means health care is then not available for those who desperately need it.
This means those who need medicine or treatment may not get it because someone else got it under false pretenses. There are also instances of health care fraud via medical identity theft — this is far more common than we would like to think, where a thief uses another persons insurance to get health care services.
Being aware that there are many health insurance scams out there is important. If you think that you have been a victim of a scam, make sure to contact the relevant authorities.
Be sure that the healthcare services that you’re investing in are legit by using a trusted insurance partner like EZ.Insure. Visit our site to get a free quote today!
A new insurance scam has emerged recently. The scam consists of a telemarketer urging a prospect or target to pay cash up front for the health insurance policy they are selling. This is one of the biggest red flags and one of the most common forms of health insurance fraud.
It is important to remember that agents for Medicare and/or Medicaid, do not call people to sell insurance. If you are about to buy a health insurance policy over the phone and you are asked for money hang up immediately — it is clearly a scam. Often scammers will try and get the target to send them money or to divulge personal details such as their Medicare number, bank account information, credit card information or other personal identifiers.
The more information a scammer can get, the greater the chance of identity theft or money theft. Be wary of anyone selling health insurance over the phone.
To be sure that you’re not being involved in a health insurance scam, work with credible organizaitons like EZ.Insure. Visit our site to read more and get a free insurance quote today!
It seems that not a day goes by without someone trying to scam people with phony health insurance. Insurance scams are common. There are so many types of insurance fraud scams that it is virtually impossible to list them.
Frequently, these scams are not caught until it is too late and the victim is left holding a very high doctor’s bill when they thought they had the insurance to cover it. Victims find out at the last second, when their claim is denied, that they were the victim of insurance fraud.
While insurance scams are common, it is possible for seniors to stay vigilant and protect themselves from possible threat. There are some things to watch out for to protect you and your family.
First, if the price is too good to be true, steer clear of the offer. Low prices are a good sign of a scam. Be wary of mail that offers low cost insurance. Second, be weary of insurance providers whose names you do not recognize. Scammers will often use a name that is similar sounding to a national brand in order to trick people. Next, pay attention to spelling and grammar errors. Scams are often filled with spelling mistakes and grammatical errors. Lastly, before signing up check the company information and confirm that it exists.
Because health insurance scams are so common, it is best to be cautious. If you are unsure about which health plan to chose, reach out to the qualified agents at EZ.Insure today!