Board logo

subject: 3 Ways Your Health Insurance Company Is Scamming You [print this page]


3 Ways Your Health Insurance Company Is Scamming You

The growing number of consumers taking up health insurance plans has led to the mushrooming of scam health insurance providers. These providers often target new retirees and the elderly individuals and small-business owners, who can't negotiate better rates with legitimate insurers. Be very cautious before you invest in any health policy. Read on to get an idea about 3 ways in which your health insurance company can scam you.

1.Failure to pay claims

Usually fraud health insurance agents sign up a huge number of people quickly by offering them lucrative deals. These insurance providers keep paying small premium amounts and medical claims, but if there is a substantial claim amount or regulators catch them, these illegal companies vanish as if they never existed.

So, just beware if you are getting delayed payments or your service provider is offering fake excuses for the failure to make the payments. If you have signed up for these illegal plans, you may be liable for the medical bills of your employees as well.

2.Non-licensed health plans

If the company from which you have bought your health care policy is not licensed by State Insurance Commissioner, you can be in trouble. If all the protections of insurance regulation do not apply on your service provider, then the company may be phony. In this case your service provider is scamming you by selling non-licensed health plans.

Insurance agents are not allowed to sell any legitimate ERISA or union plan as federal law governs them. So, if your insurance agent tries to dupe you by selling an "ERISA" or "union" plan, report them to your state insurance department.

3.Unusual coverage offered at lower rates

If you are offered an unusual coverage irrespective of your health condition and that too at lower rate and much more benefits in comparison to other insurers, its time for you too hit the panic button. Do not get fooled by the lucrative offer, else you can be taken for a ride. The 'scamsters' aim to collect huge amounts as early as possible so, they try to sell maximum number of policies at attractive prices.

by: David Garcia..
I recently tried full spectrum cbd oil in search the first leisure and was pleasantly surprised past the results. Initially skeptical, I create that it significantly helped with my appetite and slumber issues without any unconcealed side effects. The oil was unoppressive to put to use, with legible dosage instructions. It had a merciful, earthy liking that was not unpleasant. Within a week, I noticed a patent convalescence in my overall well-being, ardour more relaxed and rested. I appreciate the unstudied technique to wellness CBD offers and plan to at using it.
I recently tried CBD gummies from this website organic full spectrum cbd oil in search the prime prematurely and was pleasantly surprised next to the results. Initially skeptical, I initiate that it significantly helped with my desire and doze issues without any notable side effects. The grease was serene to utter, with legible dosage instructions. It had a merciful, earthy grain that was not unpleasant. Within a week, I noticed a marked upgrading in my all-inclusive well-being, instinct more serene and rested. I comprehend the regular technique to wellness CBD offers and aim to go on using it.




welcome to Insurances.net (https://www.insurances.net) Powered by Discuz! 5.5.0   (php7, mysql8 recode on 2018)