U.S. Postal Service and other investigators are probing who fraudulently filled out a change-of-address form for Citizens Property Insurance, causing checks for payment from policyholders in June to go to a Hialeah, Fla., apartment, not the state’s property insurer of last resort.
Two Illinois doctors and a billing employee were indicted on federal health care fraud charges, accused of submitting false claims of more than $1 million to obtain payments from insurers for services never provided and for inflating claims for work they did perform.
As a direct result of the Patient Protection and Affordable Care Act (PPACA) – also known as ObamaCare – health insurance agent and broker commissions have been slashed by as much as 50%. Agencies have been forced to lay off employees, limit products and services, shift to other lines, and have seen significant drops in compensation.