Fraud

Insurance fraud occurs every day and in every state. People of all social status, incomes and ages are victimized. Insurance fraud costs Americans at least $80 billion a year, or nearly $950 for each family.

The purpose of workers’ compensation laws was to prevent disputes over the compensation to individuals for on-the-job injuries. The laws created a "no fault" system aimed at expediting benefits to injured workers and prevent costly legal disputes. Unfortunately, many criminals have learned to abuse this system. Fraud in workers’ compensation claims can be seen in many forms-price gouging by medical offices, bills for medical treatment never provided, employers who misreport information on insurance applications to get lower premiums, workers who exaggerate their injuries or workers who report injuries that never occurred. Fraudulent workers’ compensation claims cause businesses to lose money and many have even closed down or moved to other states. Jobs have been lost, inflicting a blow to the local economy. Public agencies have suffered increased insurance costs, which drain scarce tax dollars. Legitimate workers’ compensation claimants have difficulty obtaining appropriate benefits.

It is the practice of Providence to fight insurance fraud aggressively, for the protection of our clients as well as for the betterment of the community at large.If you are aware of possible insurance fraud concerning any claim with Providence, you can help fight this costly activity.  You can e-mail the information to fraud@ppcinsurance.com, or submit information anonymously in the box below: