10 Warning Signs Of A Health Insurance Scam
Within just days of the new Patient Protection and Affordable Care Act passing into law, a health insurance scam flooded into almost every US state, raking in millions of dollars for worthless policies.
The new health insurance law eventually will require everyone to have medical cover. But that’s not till 2014.
And even limited changes providing earlier options for people with pre-existing health conditions don’t come into force until September this year.
But that didn’t stop crooks from offering bogus health insurance plans — by phone (including toll-free lines), email and door-to-door.
In some cases, they really sell discount cards or limited-benefit plans, which are legal. But the scammer doesn’t explain the very limited benefits, or may overcharge for premiums.