Top 4 Identity Verification Tools for Health Insurance Providers to Tackle Fraud
Vlog: Identity Verification Tools for Health Insurance Providers to Prevent Fraud
Insurance fraud isn’t just about exaggerated claims or pretending to be someone else. It’s a widespread problem that drains important resources, makes it more expensive for companies to operate, and increases the cost of insurance for consumers.
Common Types of Insurance fraud are:
- Identity Theft
- Eligibility Fraud
- Provider Fraud
- Prescription Fraud
To combat fraud, health insurance companies should increase and strengthen their defenses. Verification tools can be a great help in detecting and preventing fraudulent activities.
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