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PageThursday, March 30, 2006
National Association of Insurance has introduced a campaign on Tuesday. The campaign is launched to warn businesses and employees about frauds offering fake health insurance.
Alessandro Iuppa, NAIC President and Superintendent of the Marine Bureau of Insurance said that Phony carries hawking counterfeit coverage have cost employers and workers more than a quarter of a billion dollars.
Iuppa said that a single claim for a premature child could be over half a million dollars and also a worker may think he had insurance for this and find out he hasn´t.According to a study conducted by the U.S Government Office in 2004 found more than 15,000 businesses and 200,000 employees were maltreated in a period from 2000 through 2002, and at least $252 million in claims went unpaid.
A 2004 study by the U.S. Government Accountability Office found more than 15,000 businesses and 200,000 employees were victimized in a period from 2000 through 2002, and at least $252 million in claims went unpaid. Iuppa said it was tough to track these health insurance frauds since his organization is set up to monitor licensed providers, and fake carriers generally are unlicensed.
NAIC is launching a radio and television campaign urging employers call their state insurance to bear out the company and broker selling the policy are licensed.
Alessandro Iuppa, NAIC President and Superintendent of the Marine Bureau of Insurance said that Phony carries hawking counterfeit coverage have cost employers and workers more than a quarter of a billion dollars.
Iuppa said that a single claim for a premature child could be over half a million dollars and also a worker may think he had insurance for this and find out he hasn´t.According to a study conducted by the U.S Government Office in 2004 found more than 15,000 businesses and 200,000 employees were maltreated in a period from 2000 through 2002, and at least $252 million in claims went unpaid.
A 2004 study by the U.S. Government Accountability Office found more than 15,000 businesses and 200,000 employees were victimized in a period from 2000 through 2002, and at least $252 million in claims went unpaid. Iuppa said it was tough to track these health insurance frauds since his organization is set up to monitor licensed providers, and fake carriers generally are unlicensed.
NAIC is launching a radio and television campaign urging employers call their state insurance to bear out the company and broker selling the policy are licensed.
posted by renaa
@ 9:35 PM
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