The growing number of consumers taking up health insurance plans has led to the fungus of the scam in the health insurance. These providers often target new retirees and the elderly individuals and small business owners who are not able to negotiate better prices on insurance law. Be very careful before you invest in any health policy.
Read on to get an idea about 3 ways in which health insurance company is a scam.
1st Failure to pay debts
In general, health care fraud, insurance brokers sign up for a large number of people offering lucrative deals fast. These insurance companies keep making small amounts of aid and medical claims, but if there is a significant amount of the claim, and the regulators catch them, these companies had illegally removed, as if never existed.
So just be careful if you are late payments or service offering false excuses for failure, to the payments. If you have already signed up for these illegal plans, you may be liable for medical bills of its employees as well.
2nd Not allowed health plans
If the company from whom you bought the health-care policy is not licensed by the state Insurance Commissioner, it could be trouble. When all the defense of insurance regulation does not apply to the provider, the company is also false. In this case, the service is not scamming you have authorized the sale of health plans.
Insurance agents are no longer a legitimate plan, strong trade unions or federal law governs them. So, if an insurance salesman trying to dupe you buy ’strong’ or ‘union’ plan, report it to the state insurance department.
3rd Unusual coverage offered at lower prices
If an unusual offer coverage regardless of your health condition, and this lower rate, and a lot more advantages than other insurers, the time you can hit the panic button. Do not get fooled by the lucrative offer, nothing can be taken for a ride.
The ’scamsters’ aim is to collect large sums of money as early as possible so, then try to sell the maximum number of policies at attractive prices.