Can Employers Reduce Insurance Fraud?
Like employee theft, statistics for insurance fraud cases are difficult to estimate. National studies suggest that insurance fraud represents from three to five percent of the annual increase in health care costs. And like with embezzlement, many health insurance fraud cases are settled quietly out google_ad_client = ‘pub-2905054723170537’; // substitute your client_id (pub-number) google_ad_channel = ‘6331884817’; google_ad_output = ‘js’; google_max_num_ads = ‘3’; google_ad_type = ‘text’; google_feedback = ‘on’; of court. Health care fraud is the intentional presentation of false or misleading information used in determining what health care benefits are to be paid. Insurance claim fraud is an often overlooked culprit behind the skyrocketing costs of health care. Costly Mistakes According to Larry Sobal, president and CEO of Jabas Group, an employee benefits solutions company in Appleton, Wisc., the complexity of our health care system raises red flags of potential fraudulent activity
