Health insurance sector in India is growing at a fast pace and so are the number of fraudulent claims. Fraudulent health claims i a claim generated to provide wrong information to the insurance company to get the desired health care benefits. As per a leading survey, one in ten claims registered are fraud cases and require through investigation. Health care fraud can be of many types including the ones covered by insurers as well as the insured. Read below about the types of health insurance frauds in India.
Due to the above frauds, the health insurance sector in India is facing huge losses. The fraud committed either by the policyholder or the company employees is a crime and largely affects the company as well as other genuine policyholders. It is important to understand that fraud registering a claim can lead to cancellation of policy and also land you behind the bars. So always provide all the correct information to the insurance company and choose to buy the policy directly from the insurance company to ensure you are buying from a trusted source. Also, buying policy online offers you discounts, no third party is involved and you have a policy on your mailbox which you can access it anytime.
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