Buying a fraudulent health plan can cost you more than any promised premium savings—a U.S. government report found that fraudulent health plans left at least $252 million in claims unpaid between 2000 and 2002. That left defrauded “policyholders” responsible for the bills.
As health insurance costs skyrocket and employers drop coverage, the number of fraudulent plans increases. A U.S. Government Accountability Office (GAO) report released in 2004 revealed some scary statistics:... [706 word article, January 2010]