Every year, billions of dollars are illegally claimed by those who take advantage of workers’ compensation fraud. According to the National Insurance Crime Bureau, more than $5 billion is taken by people who either fake an injury or exaggerate one in order to get a break on their insurance and money in their pocket. And …
Workers’ compensation fraud can end up costing employers in the United States more than $7.2 billion every year, according to the National Insurance Crime Bureau (NCIB). This startling number is born out of employees’ efforts to game the system, finding ways to seek out loopholes and take advantage of the system altogether. One major type …
Workers’ Compensation Fraud, and How to Prevent ItRead More »
Insurance fraud is a pervasive issue in the workers’ compensation insurance world. Those who commit fraud may be employers, employees, vendors, or temporary employees in the workers’ compensation system. While the vast majority of claims for workers’ compensation are on the level, fraudulent claims make up a major portion of payments made by insurance companies …
Staffing Workers’ Compensation Fraud in Action: Claims ExamplesRead More »
