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The amount of fraud in Illinois went up a lot compared to other states, like Florida went up 1.5%, California 13%. That is one interesting outlier, that Illinois had a huge increase from the year ...
Health care fraud includes "snake oil" marketing, health insurance fraud, drug fraud, and medical fraud. Health insurance fraud occurs when a company or an individual defrauds an insurer or government health care program, such as Medicare (United States) or equivalent State programs. The manner in which this is done varies, and persons engaging ...
Insurance fraud may be proseucuted as a crime in all states, whether under general fraud statutes or those that specifically pertain to insurance claims and coverage. The federal government has passed a statute that criminalizes the act of defrauding a health care benefit plan, Section 1347 of Title 18 of the United States Code .
As the nation's health care debate reheats, and effects of the recession grind on, state officials are battling scams that target consumers seeking low-cost health insurance. Massachusetts ...
The Coalition has published research studies on subjects related to insurance fraud, including claims investigation, the economic consequences of insurance fraud, and fraud prevention. [7] The Coalition also publishes information on common forms of fraud, and how businesses and consumers can protect themselves. [8]
(The Center Square) – New laws go into effect in Illinois Jan. 1 that will put new restrictions on the state’s health insurance industry. Gov. J.B. Pritzker said the Healthcare Protection Act ...
HealthMarkets was founded in 1983 by Ronald Jensen under United Insurance Companies, Inc. (UICI) [1] Through its focus on the then-untapped market of self-employed workers, the company was able to grow earnings by more than double between 1984 and 1985. In 1986, UICI made its first public stock offering.
Fraud and scams are nothing new, but some experts are warning they are now at a "crisis level" in the country, according to CNBC. With the advent of artificial intelligence (AI), as well as ...