Frauds in Insurance Sector Essay

Please take into consideration my submission on the enforcement of tighter laws around the crime of Arson. I am writing to you because there is a great concern for the amount of Arson related crimes that are occurring within the state of Tasmania. Statistics show that more than half of Tasmania is above average in fires per year compared with all of the other states in Australia (Australian Bureau of Meteorology, 2015). Tightening the laws around Arson, will most definitely guarantee Tasmania to become more safe, harmonious and more equitable. Overview Arson is a growing crime in Tasmania which is often committed for things such as insurance fraud, Revenge, use of fire to attempt to conceal another crime and also pyromania (an obsessive…

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…

it explains the problem at an individual level. Through a reflection, I will explain what I found interesting, what I learned, and what I agree/disagree with its message. Immediately what is extremely interesting to see is how shady the healthcare companies are in the way that they treat people. In the private sector,…

Health Care Fraud A health services management issue that caught my interest is “Health Care Fraud”. Health care fraud is an unethical intentional misrepresentation, deception, or intentional act of deceit for the purpose of receiving huge profits. Furthermore, it is a total disregard that goes against and is inconsistent with good business and /or medical practices. Healthcare fraud has become a national problem that affects all of us directly or indirectly. It is mainly perpetrated by…

The Downfall of Private Prisons The privatization of jails and prisons in the United States are becoming more and more popular with 122 adult prisons and 252 juvenile facilities, capable of holding more than 160,000 inmates for the past 8 years. These facilities have pros and cons however, 32 states contract with private sector prisons and almost 17 percent of adult inmates are held in private prisons. (Allen, Latessa, and Ponder) The major arguments against privatization are cost, insurance,…

Introduction Fraud is prevalent in all businesses and industries, but health care fraud has attributes that grants its own unique identity within the fraud arena. The health care industry includes hospitals, physicians, insurers, pharmaceuticals, and other care providers. The total health care cost in the United States has increased exponentially. The total health care cost in 2011 exceeded $2.7 trillion which in perspective of Gross Domestic Product this amount is 17.9%. (National Center for…

Health systems across the globe are vulnerable to abuse because they are complex in character and because they face many uncertainties. There are countless examples of actions that reveal a lack of transparency and integrity, and that may ultimately be defined as health sector corruption. Such abuses take place in all the branches of the health sector, varying from health ministries, regulatory agencies, HCP, and pharmaceutical companies.REF -…

The term “ White -Collar Crime, “ carries many definitions that have changed throughout the decades in the United States. These definitions change with perception, participation, and the addition of actions to the term. White-collar crime carries a general perception of offenders, who are generally professional individuals since they have the knowledge required to execute these complex crimes. Examples of these crimes include fraud, price fixing, money laundering, and embezzlement . Although…

FACTORS Life insurance industry is affected by many political factors. In political sphere, hike in FDI limit up to 49 percent but, the Parliamentary Standing Committee on Finance has rejected foreign direct investment (FDI) to 49 per cent, in the Insurance Laws Bill (Amendment) 2008 (News, 2011). Increase in FDI limit attracts foreign investors and provide fund for penetrate in market. Insurance companies need capital to expand and penetrate their business, now IRDA approved initial public…

completely interlace with almost every view of healthcare. We found that short-boundary exposure to showy particles increased the risk of hospitalizations for Parkinson's indisposition and diabetes, and of all-mainspring mortality. A better understanding of the mechanisms will enable the development of fresh strategies to protect individuals at risk and to reduce detrimental effects of air pollution on the spirited system. Technology can help the most vulnerable among us live with more…