3 Ways In Which The Insurance Company Is Cheating The growing number of consumers who have health insurance plans has led to the proliferation of Medicare fraud contractors. These providers often target new retirees and the elderly and small business owners , who can not negotiate better rates with legitimate insurers. Be very careful before investing in health policy . Keep reading to get an idea about 3 ways that your health insurance company can scam you. One . Failure to pay claims Usually agents health insurance fraud register a large number of people quickly by offering them lucrative contracts . These insurance providers keep paying the premiums for small groups and medical claims , but if there is a significant amount of claim or regulators catch these illegal companies vanish as if they never existed . So, be careful if you are late payments or your service provider offers excuses for missed payments. If you signed up for these illegal schemes , could be responsible for the medical expenses of their employees as well. Two . Unauthorized health plans If the company from which you bought the policy of health care is not authorized by the Insurance Commissioner of the State, may be in trouble. If all the protections of insurance regulation do not apply to your service provider , the company may be wrong. In this case, the service provider is scamming you by selling unauthorized health plans . Insurance agents are not authorized to sell legitimate ERISA or union plan the federal law that governs them. Therefore, if your insurance agent tries to trick you into selling plan ERISA or union, report them to your Department of Insurance of the State. Three . Unusual coverage at lower prices If offered an unusual coverage regardless of their health and that too at lower rates and much more advantages compared to other insurance companies, it is also time to press the button panic. Do not be fooled by the lucrative offer , otherwise you may joke . The objective of the con to collect large amounts as soon as possible and try to sell as many policies at attractive prices . ift.tt/1d6i4xz
Posted on: Fri, 08 Nov 2013 23:06:15 +0000
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