So, you have come seeking wisdom related to medical insurance fraud. Well, we hope not to disappoint you! If our brief guide doesn't answer all of your basic questions, perhaps the links on our page and the other pages on this informative website will be of service to you in your quest. First, we'll begin by telling you that this is one of the most lucrative forms of fraud, making billions of dollars a year for big business crooks and dishonest consumers alike. The businesses make their dirty money largely by charging people money for insurance that doesn't exist. Meanwhile, John and Jane Doe often get away with exaggerated insurance claims, bilking their legitimate insurer out of its earnings.
Medical fraud in insurance is, much like car insurance fraud, a white-collar brand of crime, because the ones making the most money off of it are the big business types we've just described. To make matters worse, our government has to spend millions and millions of dollars every year to track down the perpetrator and eliminate this fraud, and as a result, everyone's insurance premiums rise. (Not to mention your taxes!)
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