Is Lying On Your Medical Insurance Form Defrauding Your Company

When you file a claim with your insurance company you don t.

Is lying on your medical insurance form defrauding your company. There s the medical information bureau for health and life insurance. Both patients and providers can commit health insurance fraud. See if the health insurer has a history of consumer complaints bankruptcy fraud convictions or other problems. They tell you to get medical treatment and that they will pay the bill.

In this type of fraud false or misleading information is provided to a health insurance company in an attempt to have them pay unauthorized benefits to the policy holder another party or the entity providing services. The insurance company says they are accepting liability. Some common examples are explained below. This occurs when a person or business defrauds a health insurance provider.

Some applicants succumb to the temptation to lie on their applications hoping their misrepresentations will sneak through the approval process and earn them a lower rate. Your state insurance department and consumer protection agency and better business bureau are. The price of your life insurance policy depends on your answers to a range of application questions plus the results of your life insurance medical exam. In reality what happens is once you complete your course of treatment and submit the medical bills the insurance company now says they will only cover a small fraction of your medical costs.

Submitting a false claim in order to gain a benefit is an act of theft. Insurance fraud is basically the act of lying to your insurance company to receive benefits that you would not otherwise be entitled to collect. Lying on insurance forms can come back to haunt you. Medical providers can commit health insurance fraud by making false claims billing for services not provided or supplies not used or altering existing claims.

First off let s address the necessity of lying through 2014 individual insurance providers are actually not allowed to charge extravagant premiums or refuse coverage for most pre existing conditions under the new health care reform. Insurance fraud occurs in many forms.