Major Types of Health Insurance Frauds And Their Punishment

Insurance fraud is a willful misrepresentation or falsification that the individual or business makes, knowing that the deception may result in unauthorized use to the person or company or another party.

The most common type of fraud is a fabricated statement, misrepresentation or willful mistake that is critical to determining the benefits to be provided.

Healthcare professionals can substantially lower the fraud incidents.

The most common type of fraud is a fabricated statement, misrepresentation or willful mistake that is critical to determining the benefits to be provided.

With the right medical billing services and by obtaining the best medical coding services – healthcare professionals can substantially lower the fraud incidents.

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Popular fraudulent schemes that trick the system

Medical equipment fraud

Billing for services not provided

Upcoding of service

Double claim

Excessive and unnecessary service

Falsifying the medical procedure