We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Insurance fraud - Essay Example

Comments (0)
Insurance fraud refers to an act committed with intent to obtain some advantage or benefit fraudulently to which one is not entitled or someone wittingly denies due benefits to which another is entitled. The Federal Bureau of Investigations identifies fee churning, workers…
Download full paper
Insurance fraud
Read TextPreview

Extract of sample
Insurance fraud

Download file to see previous pages... Prosecutors and police refer to insurance fraud as either “soft fraud or hard fraud” (Bourhis 6). Hard fraud, which is rare, occurs when one commits a crime of bringing about destruction of property in order to claim compensation. Soft fraud, unlike hard, is where the insured exaggerates an otherwise legal claim or gives wrong information when applying for a policy in order to lower premiums. The most common fraud is where the value insured is more than the true value of the asset and the policyholder destroys the property and makes it look like an accident to benefit (Bourhis 7). Other fraudsters fake death to collect payments from the life policies.
Health care Insurance also experience fraud cases perpetrated by either patients or physicians. Physicians commit fraud by misrepresenting treatments received by patients and patients commit fraud when they provide false information on application, loaning insurance cards and when using transport benefits for non-medical purpose (Bourhis 9). Automobile fraud occurs when insured submits a claim for false accidents, file multiple claims for one accident, claim compensation on injuries not related to automobile accident, reports exaggerated repair costs, or misreport wage losses because of injuries (Bourhis ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
Health Care Fraud
Healthcare is a socially relevant domain, since the practice of healthcare brings end to the sufferings of those ailing, it is considered to be a Nobel profession.  It is worth including that an oath termed as The Hippocratic Oath is taken by all doctor as they swear to practice medicine ethically and with full integrity.
8 Pages(2000 words)Essay
Insurance Fraud-Busting System
There are two case studies which were referenced in this current assignment. One is a case involving an insurance claim to replace a computer network after a company experienced an unexpected energy surge. The second involved a woman who had unnecessary dental work after an unethical dentist advised her.
4 Pages(1000 words)Essay
Ethics and Insurance Fraud: Property Damage Fraud
The author states that most residential and commercial business owners know, they need to carry a good property casualty insurance policy, in case some type of unexpected incident occurs. Usually, through wind, rain, tornadoes, lightning storms, flash floods or anything considered an act of nature that is uncontrollable.
4 Pages(1000 words)Essay
Health Insurance Concentration and its Consequences
One of the major causes for the rise in insurance cost includes the health care concentration. This not only affects the cost of insurance, but also affects the effectiveness and admittance to health care in the country. How/ where do Americans get health insurance?
8 Pages(2000 words)Research Paper
Playing to the Gallery: Public Opinion as a Factor in Death Penalty Court Decisions, particularly Furman v. Georgia
A man, for instance, who has been adjudged guilty of murdering another man, will be sentenced to death. The manner of death is another issue altogether.
10 Pages(2500 words)Essay
Anti- corruption and integrity at the car insurance company
This study gives an analysis of how a car insurance company can ensure high level of integrity in its operations as well as corruption elimination in its operations. The study begins with a brief introduction of the general topic. This identifies that the issue of corruption has significantly affected operations of the car insurance companies negatively.
12 Pages(3000 words)Essay
Insurance Fraud and its Perpetration
The author states that insurance fraud can be categorized into ‘soft’ fraud or ‘hard’ fraud. The hard variety of insurance fraud typically includes the attempt to fake the incidence of an accident, personal injury, arson, or even theft, in order to be given the payment stipulated under the agreed-upon insurance policy.
7 Pages(1750 words)Essay
The Psychology of Committing Fraud
The author states that frustrated individuals who may be under stress and pressure due to tight working conditions also engage in fraudulent behavior subconsciously in a bid to “benefit” from defrauding an insurance firm. Such individuals usually derive satisfaction from making others suffer and be in similar positions to their own.
3 Pages(750 words)Literature review
Insurance Fraud: Crime in Vancouver
According to the author, the challenge is complex and does not seem to reduce even through the tough measures taken by insurance companies. The author is quick to point out that it will be necessary to apply other approaches, such as the psychological perspective. The psychological perspective was applied to insurance fraud.
7 Pages(1750 words)Literature review
Article Summary and Reaction Paper
On January 11, 2010, at around 9.20 p.m., a Chevrolet pickup hit Parga while driving a Ford pickup. The investigators described the crash as minor because both drivers drove away after the
1 Pages(250 words)Essay
Domestic Insurance Fraud
The report says that these fraudulent claims add an extra 50 euros every year to the premiums of honest customers. The number of dishonest claims that were uncovered in the year 2011 by the insurance firms was approximately 139,000 amounting to one billion Euros. The general public is much more likely to commit insurance fraud.
4 Pages(1000 words)Literature review
Let us find you another Essay on topic Insurance fraud for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us