11/26/2007
Health Insurance Fraud Huge Problem
by James Atkinson, Market Research Analyst
If you have any knowledge of current events in America, you are aware that lack of health insurance is a huge national problem. In 2006, about 47 million Americans lacked health insurance.
To make matters worse, small employers and individuals searching for affordable health insurance are falling victim to scams and misleading offers. For example, phony group policies for small companies and their workers are often pitched through unsolicited faxes to workplaces.
Since the beginning of the decade, more than 200,000 businesses and individuals in the U.S. have purchased phony health insurance policies, according to Mila Kofman, an associate professor at Georgetown. People and business pay the premiums for these bogus policies, but are still left with hundreds of millions in unpaid medical claims. (McQueen, M.P., “Health-Insurance Scams,” Wall Street Journal, 18 November 2007.)
Arkansas small businesses wanting to provide employees an affordable package of health care benefits are encouraged to visit www.arhealthnet.com. ARHealthNet is the product of a public-private partnership to expand health insurance coverage to working Arkansans and their families.
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