About 50 million Americans between the ages 19 and 64 could not fill their prescriptions because the price was to high this is 2 million more people than the year before (Sittig). Americans are not getting the insurance coverage they deserve or that they need. Health insurance is needed in america to help people pay for certain medical expenses ranging from medicine to hospital stays. The cost of a surgery or an x-ray is a lot more than most people can pay out of pocket. Health care costs are rapidly increasing causing more people to switch to a less expensive health care plan. Making it harder for families to get medicine and go see a doctor because they just can not afford any medical expenses without the proper insurance. Health insurance
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On average the amount of money that people are losing within a year from scams like this is $80 billion (sittig). Which is a lot of money unless the person a trillionaire which most working class people are not. 48 states including the district of Columbia has made insurance fraud a specific crime (Health Economics). Virginia and Oregon are the only two states without an insurance fraud law. Insurance fraud is very common with people who do not know much about insurance and is looking for a cheap plan. Many states that have made insurance fraud a specific crime have put in fraud bureaus to cut down on the amount of crimes. About 86% of American feel that insurance fraud makes insurance prices higher for everyone (Health Economics). This is not the reason why insurance prices are continuing to increase.
Many criminal attacks are the leading cause of data breaches in healthcare this has comprised about 45% of data breaches and have risen 125% since 2010 (Cubanski). Most people do not understand the risk that they are in if they do not look at all the elements of a company. Always look at those key factors for a truthful and reliable agency. If any red flags come up when talking to an insurance agent that agency is one that a lot of people may not want to do business
On average the amount of money that people are losing within a year from scams like this is $80 billion (sittig). Which is a lot of money unless the person a trillionaire which most working class people are not. 48 states including the district of Columbia has made insurance fraud a specific crime (Health Economics). Virginia and Oregon are the only two states without an insurance fraud law. Insurance fraud is very common with people who do not know much about insurance and is looking for a cheap plan. Many states that have made insurance fraud a specific crime have put in fraud bureaus to cut down on the amount of crimes. About 86% of American feel that insurance fraud makes insurance prices higher for everyone (Health Economics). This is not the reason why insurance prices are continuing to increase.
Many criminal attacks are the leading cause of data breaches in healthcare this has comprised about 45% of data breaches and have risen 125% since 2010 (Cubanski). Most people do not understand the risk that they are in if they do not look at all the elements of a company. Always look at those key factors for a truthful and reliable agency. If any red flags come up when talking to an insurance agent that agency is one that a lot of people may not want to do business