HomeHealth3 Ways Your Health Insurance Company Is Scamming You
3 Ways Your Health Insurance Company Is Scamming You
The growing number of consumers purchasing health insurance plans has led to the mushrooming of scam health insurance providers. These providers typically target new retirees seniors and small business owners who cannot negotiate better rates with legitimate insurance companies. very Be cautious before investing in any health policy. Read on to learn 3 ways your health insurance company can trick you.
1. Failure to pay claims
Often fraudulent health insurance agents quickly sign up large numbers of people by offering them lucrative deals. These insurers continue to pay small premiums and medical claims but if the claims are large or regulators catch them these illegal companies disappear as if they never existed.
So be on the lookout for late payments or if your service provider gives false excuses for failing to pay. You may also be responsible for your employee’s medical bills if you sign up for these illegal programs.