HOME >> MEDICINE >> NEWS
Health insurance scams leave thousands with large medical debts and no coverage

New York City, August 28, 2003--A recent unprecedented increase in unauthorized and illegal health insurance plans, spurred by rising health care costs and increasing numbers of uninsured, has left approximately 100,000 people with millions of dollars in medical debts and no coverage, according to a new report from The Commonwealth Fund. Companies selling phony insurance collect premiums from enrollees but fail to pay health care providers. With no safety net, such as a state guaranty fund, to pay medical claims when these plans become insolvent, victims are often left with huge medical debts.

"These scams prey on people who are seeking access to affordable health insurance coverage," said Karen Davis, president of The Commonwealth Fund. "Not only do we need better methods to identify and shut down illegal operations, we need to expand access to affordable coverage and reduce the demand that phony plans are exploiting."

Every state has laws making it illegal to operate an insurance company without a license. Unlicensed plans ignore state and federal insurance regulations, including solvency standards that ensure a company will be able to pay the claims of enrolled individuals.

In their report, Health Insurance Scams: How Government Is Responding and What Further Steps Are Needed, Mila Kofman, Kevin Lucia, and Eliza Bangit of Georgetown University's Health Policy Institute note that health insurance scams have been rising over the past two years as insurance premiums have increased at double-digit rates. Among their findings:

  • Since 2001, four unauthorized plans have left nearly 100,000 people with approximately $85 million in unpaid medical debts and without health coverage.
  • While no state is immune to the problem of unauthorized plans, some have been especially hard hit. In Florida nearly 30,000 victims of scams have been left uninsured and burdened with unpaid medical bills. The Texas Insurance Department has in the last
    '"/>


Contact: Mary Mahon
mm@cmwf.org
212-606-3853
Commonwealth Fund
28-Aug-2003


Page: 1 2

Related medicine news :

1. Mailman School of Public Health receives Manhattan Tobacco Cessation Center grant
2. Liverpool to lead 20M Department of Health initiative to develop medicines for children
3. Health care report cards may increase racial/ethnic disparities in bypass operations
4. 2005 Behavioral Sciences & Health Services Research Award
5. Statement on the findings of the Womens Health Study
6. Bone density returns when teens stop using Depo Provera, Group Health study finds
7. Mailman School of Public Health researchers develop infectious disease diagnostic tool
8. Health initiatives can help peace building in the Middle East
9. Study naming hospitals in top 5% for clinical quality released by HealthGrades
10. RelayHealth selected by Columbia University to link doctors and patients online
11. Health report-card fears make doctors forgo potential life-saving heart treatment

Post Your Comments:
(Date:8/29/2014)... 29, 2014 Recent reports, backed by ... Americans today are working longer hours and taking fewer ... APEC Water believes that drinking lots of purified water ... Sale on their most popular and effective water purification ... now until 9/2/2014, customers can save up to $125 ...
(Date:8/29/2014)... (PRWEB) August 29, 2014 Visiting ... volunteers play an important role delivering comfort and companionship ... of those aging at home continues to grow and ... program to encourage volunteer participation. The next Hospice Training ... from 10:00 A.M. to 2:30 P.M. at VNA’s headquarters, ...
(Date:8/29/2014)... Section 946.300, Qualifications for the Certifying Physician, it states ... a cultivation center or a dispensing organization.” What does ... has done is create a level of transparency between ... The goal is to create a level of reliability ... medications. Medical steering is a serious issue in medicine ...
(Date:8/29/2014)... Two Kelowna dentists are putting out a ... container filled with classroom materials, clinic supplies and even two ... , “I don’t think words can describe what ... She and her husband, Dr. Jonathan Visscher, both partners at ... of New Reality International’s (NRI) mission to build and raise ...
(Date:8/28/2014)... (PRWEB) August 29, 2014 VPS ... a physical server computer into many servers, each ... running on someone’s own dedicated computer. Top10BestSEOHosting.com has ... announces that GoDaddy ( http://www.top10bestseohosting.com/go/GoDaddy.com/ ), Bluehost and ... suppliers in 2014. , The IT manager of ...
Breaking Medicine News(10 mins):Health News:Relax this Labor Day Weekend with Great Savings on Easy-Install, Do-It-Yourself Drinking and Whole House Water Filters 2Health News:VNA Offers Rewarding Hospice Volunteer Opportunity 2Health News:VNA Offers Rewarding Hospice Volunteer Opportunity 3Health News:Medical Marijuana Company Provides Solution for Illinois Marketing Regulations 2Health News:From Canada to Haiti: Kelowna Dentists Raise Funds to Ship Supplies to Self-Sustaining Village for Orphans 2Health News:From Canada to Haiti: Kelowna Dentists Raise Funds to Ship Supplies to Self-Sustaining Village for Orphans 3Health News:Top10BestSEOHosting.com Announces The Best Three VPS Hosting Suppliers 2
(Date:8/28/2014)... Levi & Korsinsky announces that a class ... District Court for the District of Nevada ... Therapeutics Inc. ("Galectin" or the "Company") (NasdaqCM: GALT) securities ... For more information, click here: http://zlk.9nl.com/galectin-therapeutics-galt . ... Period the Company violated federal securities laws by issuing ...
(Date:8/28/2014)... CHARLOTTE, N.C. , Aug. 28, 2014 /PRNewswire/ ... innovation marketplace, today announced a worldwide search for ... of the senior population.  Promising ideas uncovered through ... presented to leading medical device manufacturers and healthcare ... to improve the lives of individuals age 65 ...
(Date:8/28/2014)...  Seres Health, a clinical-stage therapeutics company developing ... microbiome, announced today that Dr. David Cook ... Chief Scientific Officer, will be presenting at the ... (ICAAC). The presentation will highlight the scientific and ... bacterial spores derived from the human microbiome, and ...
Breaking Medicine Technology:SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of Class Action Against Galectin Therapeutics Inc. and Its Board of Directors and a Lead Plaintiff Deadline of September 29, 2014 -- GALT 2Edison Nation Medical Launches Open Innovation Search to Uncover Innovative Senior Care Products 2Edison Nation Medical Launches Open Innovation Search to Uncover Innovative Senior Care Products 3Seres Health to Present Clinical Findings at ICAAC 2014 Conference 2
Cached News: