The growing number of consumers who have taken out health insurance has led to the spread of fraudulent health insurers. These providers often focus on new pensioners, seniors and small business owners, who cannot negotiate better rates with legitimate insurers. Be very careful before you invest in a health policy. Read on to get an idea of the 3 ways your health care provider can scam you.
1. Non-payment of claimsIn general, scammers hire a large number of people quickly with lucrative offers. These insurance companies continue to pay low premiums and medical claims, but if there is high demand or if regulators do, these illegal companies disappear as if they never existed.
Be careful if you receive late payments or if your service provider offers a false apology for not making payments. If you have subscribe for these illegal plans, you may also be responsible for the medical bills of your employees.
2. Health plans without a permitIf the company where your health insurance was issued to you is not licensed by the State Insurance Commissioner, you may experience problems. If all the protection rules in insurance rules do not apply to your service provider, the company may be false. In this case, your service provider cheats on you by selling health licenses without a license.
Iagents of nsurance company are not allowed to sell ERISA or legitimate union plans, as they are regulated by federal law. Therefore, if your insurance agent tries to mislead you into selling an ERISA or trade union plan, report it to the insurance department.