Despite the fact that the laws defined in the Patient Protection and Affordable Care Act (PPACA) are newly instated for consumers buying Michigan health insurance, Michiganites should be aware of health care fraud. Insurance fraud is the principal cause of skyrocketing Michigan health insurance premiums.
National reports estimate that more than three-fourths of the Michiganites, who do not have medical coverage, today will carry Michigan health insurance in the future.
In the meantime, insurance fraud remains an ongoing concern. Use the following tips to avoid falling prey to a scam:
As far back at 1980, Blue Cross Blue Shield of Michigan has exposed more than $238 million in insurance fraud. From stealing one’s identity, submitting fake medical claims to the misrepresentation of being married health care fraud is prevalent crime.
Based on reports released by Blue Cross Blue Shield, con artists pose as insurance representatives to steal social security and other personal information. To prevent victimization, never provide any person a social security number or other personal account information. Also, it’s good practice to monitor your claims history.
Although open enrollment has an abbreviated time span; deadlines are non-existent for purchasing family or individual Michigan health insurance coverage. Consequently, time sensitive \ ’special offers’ are non-existent with most legitimate health plans.
Since identity thieves employ elaborate schemes to abscond personal information, always validate that the agency’s or agent that the agent or agency’s license is current. In summation, never do business with any Michigan health insurance company, where the marketing materials are void of all business contact information (in example: an exact street address, an email address and a contact phone number).
Although the purpose of the PPACA is to enable Americans to obtain health care, laws do not mandate that policy premiums be withdrawn from a Michigan health insurance policyholder’s credit card or bank account.
MichiganHealthandLife.com provides complimentary health insurance quotes, advice and a wealth of information regarding Michigan medical insurance. Bookmark the site for the latest news, resources and no obligation quotes, online.
Tags: business, education, family, health, health care, health insurance, health insurance quotes, insurance, internet, investment, medical, medicine, michigan medical insurance, Politics, Self Help