From Wikipedia, the free encyclopedia
Insurance fraud or false insurance claims are insurance claims filed with the intent to defraud an insurance provider.
In the United States insurance fraud is estimated to cost $875 per person per year with The Coalition Against Insurance Fraud estimating the loss to be $80 billion per year and Medicare estimating fraud in its system costs the government $179 billion per year.
Insurance fraud hurts the average person in two ways. First, all fraud costs, including losses, investigations, etc., are paid for by the insured through higher premiums, or, in the case of government insurance like Medicare, in higher taxes. Second, if a particular individual is the target for the fraud, they have costs such as deductible payments, loss of property use, etc., as well as higher premiums from the claim loss and the potential for denial of future coverage.
Investigation
Our highly skilled, trained and experienced investigators can assist your company in the investigation of claims that are either suspected to be fraudulent or that fall within the contestable period thereby warranting investigation of the claim.
We have handled thousands of claims consisting of contestable and non-contestable death claims, accidental death claims, disability claims, health insurance fraud, provider fraud, workers compensation, auto accident claims, property claims including arson, and others.
Free Consultation
Contact us today to discuss how CDI Investigations can assist you in the fight against insurance fraud! A professional investigator will evaluate, analyze and give suggestions on how to best approach your unique situation.
(713) 463-8674
or claims@texasfraudsolutions.com