How to Safeguard Yourself against Health Insurance Fraud

How to Safeguard Yourself against Health Insurance Fraud

The covid-19 pandemic reminded society of the importance of insurance. People who had insurance considered them blessed when the hefty bills that were generated in hospitals were mostly covered by their health insurance. And now, more and more people are purchasing health insurance to safeguard their friends and family against any future medical setbacks. But scammers and fraudsters are now seeing this as an opportunity to target individuals and make them new victims.

Scammers target customers through a multitude of avenues as society progresses and find new approaches to interact and conduct transactions. Scammers are becoming more inventive, and they are even using the names of well-known companies to make their deception seem more credible.

Ultimately the responsibility falls upon you to safeguard yourself against illegal activities and prevent becoming a victim of fraud. That's why we have created this article to inform you about the measures that you can take to safeguard against health insurance frauds.

•  Cold callers should be avoided at all costs.

Anybody attempting to offer you products or services on your doorstep or over the phone without your approval. If you have any reservations, gently but decisively inform them that you are not willing and lock the door or switch off the Smartphone. Never engage in a long conversation with a scammer, as they will try to convince you to accept something against your sense of right and wrong.

•  Be aware of fake websites.

Con artists will construct fraudulent websites that look exactly like the health insurance provider websites. It's possible that the web addresses are quite similar, differing only by a single character. Customers will almost certainly be required to input personal information in order to register. This allows them to collect financial information and maybe sign customers up for non-existent insurance plans, trapping the consumer with thousands of rupees in healthcare bills.

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•  Install antivirus software

Make absolutely sure you have reliable and up-to-date security software on your computer, phone, or mobile device. Virus protection can be provided by antivirus software. Complimentary antivirus software is available from trustworthy vendors.

Get rid of any malicious programme. Malware refers to viruses and spyware that are downloaded without your permission on your laptop, smartphone, or personal devices. This type of application might cause your devices to malfunction, and it can be used by thieves to track and control your web activity. Malware is used by cybercriminals to collect personal data, spread malware, and violate the law.

•  Before engaging, check the agent's credentials.

According to IRDA regulations, every agent operating for an insurance business must undergo extensive training and get identification confirmation. Every consumer is responsible for requesting ID evidence and verifying the same with the insurance provider's customer care service. Adopting this precaution can protect you from ever becoming a sufferer of deceptive practices and will help you in health insurance fraud detection.

•  Never pay in cash

You must never pay your premium in cash because it is easy to manipulate records. It is suggested that you pay your premiums via the insurance provider's website, the Electronic Clearance System (ECS), or by giving your bank standing instructions. The Electronic Clearance System, or ECS, is a method of electronically transferring funds from one savings account to the other and can be used for both receivable and payable. If you need to pay your premiums, we suggest going to an authorized Insurance provider branch or one of the collection centers.

•  Double-check your information.

Carefully double-check your signatures on the application form once you've received your insurance paperwork. Be on the lookout for falsified signatures on your coverage application form and any papers you send to the insurance provider. Also, keep an eye out for inaccuracies in personal information such as birth date, contact numbers, and so on.

Conclusion

The majority of the Indian population is still uninsured or underinsured in terms of health insurance. If we really want to reach the pinnacle of social welfare as a nation, then we have to provide maximum healthcare coverage and insurance to everyone in need. But new opportunities present new problems, but it's not impossible to avoid those roadblocks with a little awareness.

We hope this article helps you in understanding the measures that you need to implement to protect yourself and your family from any malignant practices.

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