How Health Insurance Fraud Makes For High Insurance Rates
Posted by admin on November 17, 2007 in Finance
Health Insurance fraud is surely one of the most common crimes committed in the United States today. If you have ever deliberately or even unintentionally fudged facts on insurance claims, like saying something is worth more than what it really is, then you have committed health insurance fraud. These payments on fraudulent claims cost insurance companies billions. As a result, many hedge their losses by charging more for their services. In the end, everyone is hurt by the resulting high prices and difficulty of getting insurance. So the next time you want to lie on your insurance claim, don’t.