The Role Of Fraud In Healthcare

Health Care Fraud continues to be a huge issue across the board for health care providers, insurance companies, employers, employees, and the everyday common individual. Fraud affects every one is one way or another. Because medical fraud causes billions of dollars each year it forces insurance companies to have higher premiums resulting in a lot of out of pocket expenses. This then becomes a domino effect for companies by reducing employees benefits. resulting in the increase for all business owners and their overall expenses.

Most common type of fraud is billing for services that have not been rendered. Physician's are one of the most trusted in the medical field, but unfortunately also plays a huge part in committing medical frauds.