life choice scams

The Hidden Costs of Health Care Fraud

Health care scams can lead to unexpected consequences. If you become involved in this type of fraud, how is it likely to affect you?

  1. It may ultimately reduce the amount of taxes you pay.
  2. It may result in legislation that lowers the cost of your insurance premium.
  3. It may lead to false information on your medical records.

“C” is correct. If your medical records contain bogus information about diseases, injuries, or medical problems you never had, you could be turned down the next time you apply for health coverage or be required to pay a much higher premium. Worthless and unnecessary treatments may drain your coverage or even threaten your life. If you unwittingly purchase fake insurance and then encounter a serious injury or illness, you may be faced with financial disaster when the medical bills arrive.