If there's any industry where fraud has developed roots, it is most possibly the healthcare sector. Healthcare fraud encompasses health insurance fraud, drug fraud, and medical fraud, with the health insurance fraud making up a majority of false insurance claims and costing the government tens of billions yearly. Either the healthcare providers or individuals can be perpetrators of this act or be at the receiving end, as the case may be. Disputes regarding fraud in the healthcare sector are best settled by a healthcare fraud attorney.
WHAT DOES HEALTHCARE FRAUD ENTAIL?
Healthcare fraud is an abuse of the healthcare system by individuals , insurance companies or care givers who intentionally misrepresent or conceal information, scheme to deceive persons or institutions in order to receive benefits, maybe financial or in terms of care. Many persons view healthcare fraud as a harmless ventures, but this is far from the truth for a health care lawyer as the common man bears it's brunt.
The effects of healthcare fraud is unconnected to the rise in insurance rates causing individuals to pay greater premium, it is also the reason government spends trillions of taxpayers’ money yearly with not enough evidence to show for it. Healthcare fraud has led to loss of plenty practicing licenses in uncovered cases involving healthcare givers.
DIMENSIONS OF HEALTHCARE FRAUD
There are three sides to the healthcare fraud story, each contributing their quota to the rot in the industry.
- Fraud by Medical Officers
Most of the fraudulent acts committed by medical officers fall under the billing and drug fraud. In the billing fraud, the healthcare giver bills for services that were not rendered to the patients or falsify a patient's diagnosis to justify procedures that were not necessary. This method of extortion is lees practiced in public hospitals because the money paid enters the government coffers.
- Other avenues for fraud include providing a service that is not covered by patient's insurance and then billing for services covered by the policy. In these situations, these frauds are joint collaborations between the patient and the healthcare giver to extort money from the insurance agency.
- Fraud by Individuals
Most times in a bid to outshine the law and insurance agencies, many individuals give out their insurance cards to be used by friends or family members. They may also provide false information to obtain benefits they are ineligible for, exaggerating a claim to receive greater reimbursement and staging an accident to receive reimbursement on expenses. Some individuals also collaborate with care givers to shift some of their uncovered bills to the insurance company. Check here.
- Fraud by Insurance Companies
Least expected by many and seen as the victims in the healthcare fraud cycle, insurance companies also perpetuate fraudulent acts. A typical example is collection of premium for policies they don't intend to pay and denying payment on services that should be covered. They also indiscriminately increase their premiums when they suffer little or no losses to frauds, thereby digging deep into the pockets of loyal customers.
PENALTIES FOR HEALTHCARE FRAUD
Despite variances in the law across many states and nations, one thing that is common is the presence of laws that punish healthcare fraud. Interpretation of these laws and prosecution is the job of a healthcare fraud attorney. Depending on the gravity of offence and amount involved, penalties for healthcare fraud range from civil to criminal penalties. Restitution, imprisonment, loss of benefits alongside terminations of policy and loss of license are the penalty options that are open to healthcare fraudsters.
The view that healthcare fraud is" harmless "is one of the reasons, it have remained prevalent in the society. Having healthcare lawyers sensitize the populace of the tandem repercussions of this act will help expose individuals who take part in this and surveillance/ responsiveness of healthcare fraud investigators should be improved. Click here for more information: https://federal-lawyer.com/healthcare-defense/