How do insurance companies detect fraud?

Answer Fraud of any kind involves intentional deception or misrepresentation on a benefit or claim. There are several different methods companies can use to detect abuse or fraud, especially if the fraud ... Read More »

Top Q&A For: How do insurance companies detect fraud

How to Detect Insurance Fraud?

Insurance fraud occurs when an insured person presents a fake or exaggerated claim to his insurance company in hopes of receiving payments he's not entitled to. When fraud goes undetected, it thr... Read More »

Which insurance companies in California provide General Liability insurance for pest control companies?

Philadelphia Insurance CompaniesContact: Mike

Is it Medicare fraud for a company to bill commercial insurance companies a higher fee-for-service than they are billing Medicare for the same service?

Answer Insurance companies negotiate rates for services at the best advantage to them. Companies with larger groups get the best rates becaues they have more economic leverage. Medicare is the 900 ... Read More »

How Do Credit Card Companies Investigate Fraud?

Credit card fraud has many faces. A thief can go on a spending spree with your stolen card; an identity thief may use your data to rent apartments or take out cell-phone accounts; or a company may ... Read More »