Comments for Insurance Fraud Blog

Comment on Is awareness reducing consumer tolerance? by Melissa

Melissa — Tue, 26 Mar 2013 03:46:57 +0000

This site has been very informative. I noticed there is no mention of annuities being sold to the elderly and vulnerable adults. I believe their is a huge opportunity to educate seniors on how to protect their finances and recognize these schemes perpetrated by life insurance agents who are not licensed to give financial advice. I think this is an under reported crime due to the vulnerable position of the the elderly consumer. It is also very complicated to understand and the agencies such as adult protective services have no legal rights to stop the crime once reported. The annuity schemes can be devastating to the elderly and their quality of life.

Comment on Masters of disaster inducted into Hall of Shame by JUSTINE COOK

JUSTINE COOK — Fri, 22 Mar 2013 14:16:39 +0000

Hi,

Time Magazine recently ran an article ‘why medical bills are killing us’ and included the story of the Recchi’s who MD Anderson charged over 83,000 for cancer treatment MD Anderson is supposed to be a non profit but made a 26 percent profit last year and the head of MD Anderson made more than 2 million dollars last year. I think they should reimburse the Recchi’s 26% of the 83,000 and apologize to them for not giving them assistance or treating them with compassion at the time they most needed it. I do not know the Recchi’s but I was absolutely furious when I read this. this type of rip off by the medical community has got to stop.

That’s why I created a petition to MD Anderson Cancer Treatment Center, Manager, Asm MD Anderson.

Will you sign this petition? Click here:

http://signon.org/sign/md-anderson-reimburse?source=c.em.mt&r_by=857231

Thanks!

Comment on Why this cartoon isn’t funny by funny ecards

funny ecards — Wed, 30 Jan 2013 09:02:12 +0000

Thanks for the info. IMHO, i think that’s funny, for the reason that they don’t really, what they surely want is free money and free stuff from the government.

Comment on Tina Turner arrested for insurance fraud? by Toni

Toni — Thu, 24 Jan 2013 22:06:29 +0000

What was the outcome of Ms Turners trial and can she walk…can’t find out any info.

Comment on Parenting Fraud by Bob

Bob — Wed, 23 Jan 2013 16:23:16 +0000

Those poor kids!

Comment on Parenting Fraud by Molly

Molly — Wed, 23 Jan 2013 16:19:49 +0000

Agreed.

Comment on What is justice? by Dennis Jay

Dennis Jay — Thu, 30 Aug 2012 18:30:27 +0000

Comment on Discouraging anti-fraud investment? by Barry Zalma

Barry Zalma — Mon, 16 Aug 2010 17:07:43 +0000

Sorry for the late response.

I agree it is way too high — it is a statement made by the US Senate, not by me.

Comment on Discouraging anti-fraud investment? by Dennis Jay

Dennis Jay — Fri, 21 May 2010 20:18:11 +0000

Barry – You make some good points (although I think your fraud estimate is way too high). However, there are some good remedies for fraud in health care reform. I’ve also been impressed with the results from the Departments of Justice and HHS in the last year. The big question is whether enhanced efforts by the government will chase scammers to private insurers. We’ll see.

Comment on Discouraging anti-fraud investment? by Barry Zalma

Barry Zalma — Fri, 21 May 2010 19:10:48 +0000

So, Dennis, are you surprised.

The law also allocates money for prosecution of Medicare, Medicaid and health insurance fraud that gets smaller every year the law is in effect and which is very small when they admit health insurance fraud is taking about $300 billion a year.

The statute, in its more than 2000 pages, does almost nothing about fraud other than making the sentences of those few it may catch without a dedicated anti-fraud unit of investigators and prosecutors, greater than current law.

Fraud is not a concern and those who are presently cheating the government successfully will have a quiet and underfunded insurance industry to steal from with impunity.