The current financial crisis has affected everyone's pockets. Thousands of people got laid off and prices skyrocketed. This includes private health insurance premiums, which are becoming more and more expensive by the hour. On top of that, if you have a pre-existing condition, getting an insurance plan may not even be a possibility for you, and if it is, you'll find that premium rates are really steep.
Given this situation, the so-called health care hucksters found a niche for their scam. Anybody can be a victim, so it is important that you are well-informed on the subject. What they do, is offer a back door for those who can not afford a health insurance plan. And those who are not typically accepted by the insurers can be a victim too.
These hucksters offer unbelievably affordable insurance health plans. They collect the premiums for their participants monthly, but fail to provide any type of coverage. People, unaware of this, end up uninsured and with tons of medical bills to pay for. Of course, if they resort to an affordable insurance, it was because they could not afford this type of bills in the first place.
As result they end up with big black stains in their credit histories due to these debts. Currently, there are hundreds of unauthorized companies selling fake private health insurances, and there are millions of dollars in medical bills, which are unpaid. So it is really important that you are on the look out for these phony companies.
One of the most important points to be aware of is that discount cards are not a synonym with health insurance. In many cases, these discount cards are marked as insurance plans, but the truth is that discount cards will not cover for medical claims, so they can not be qualified as medical insurances.
So, how can you avoid becoming a victim? Do your research and check the company or agency who is selling you the plan. When deciding on getting a private health insurance plan, take your time, double check and verify all the information they give you. Do not trust any salesperson who encourages you to you make a quick decision.
Whether we are talking about a fake insurance plan or a misleading discount card fraud, it is important that you check directly with the provider, to make sure that you will receive the benefits that these companies are offering you. Also, do not trust insurance plans that are advertised through e-mail, faxes, or pop ups.
Never give your debit or credit card information, until you are sure that you are working with a legitimate health insurance provider. Another way of finding out whether you are being a victim of a scam is by visiting your state insurance department, for more information.
Lastly, remember, if it sounds too good to be true, it probably is. Be suspicious if the health insurance plan they are offering you is extremely affordable in comparison to other health insurance providers. Just keep your eyes open and if you come across any of this fake health insurance companies, report it.
Source by Julian Lenox