What are some key challenges in fighting workers compensation fraud?
Workers compensation is designed to provide medical care and lost wage benefits for injured workers. But the system is often plagued by fraud. As with any coverage, individuals who see workers comp as an easy revenue source can manipulate it to their advantage. The National Insurance Crime Bureau has estimated workers comp fraud at $5 billion annually. One challenge in fighting this type of fraud is that the crime assumes a variety of forms. Another difficulty is that both lawmakers and insurers must provide solutions. Reversing public acceptance of insurance fraud is another important factor. According to a 2003 survey by Accenture Ltd., nearly one out of four Americans feels its acceptable to defraud insurers. The insurance industry has a lot of work to do to change the publics tolerance of this type of crime. What are some examples of claimant abuses? The most well-known type of workers comp fraud is perpetrated by claimants who exaggerate or lie about injuries, collect benefits aft