What types of insurance fraud are most commonly encountered?

Insurance fraud is a major problem in Oregon, with many people trying to take advantage of the system and scam insurance companies out of money. The most common types of insurance fraud encountered in Oregon are premium fraud, staged accidents, and medical billing fraud. Premium fraud involves purposely underreporting income or exaggerating deductions in order to pay a lower amount to the insurance company for premiums. Staged accidents involve fraudulently causing a collision in order to receive payment from an insurance company. This could involve damaging one’s own property, or staging fake car accident scenes with the help of other people. Medical billing fraud happens when a provider charges health insurance providers for services not rendered, or charges for more expensive services than what was actually provided. This could involve overbilling for procedures, billing for procedures that were never done, or even billing for expensive prescription drugs that were never delivered. It is important for everyone to understand the laws and regulations related to insurance fraud in Oregon in order to avoid potentially being victimized. Insurance companies must also take steps to detect and investigate any possible fraud cases in order to protect their customers.

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What types of insurance fraud are most commonly encountered?

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