INSURASALES

Tag: Fraud Prevention

Americans Spent $90B on Social Media Shopping, Sparking Buyer Regret and Fraud Concerns

U.S. consumers spent $90.6 billion on social media shopping last year, with high rates of buyer regret and reports of scams prompting calls for financial awareness and fraud prevention measures.

Strategies to Combat Medicare Fraud and Reduce $60 Billion Annual Loss

Explore effective strategies to prevent Medicare fraud and reduce the estimated $60 billion in annual losses caused by fraud, errors, and abuse. Learn how beneficiaries and caregivers can safeguard against scams.

CMS Alerts Medicare Providers to Rise in Fraudulent Fax-Based Medical Record Phishing

CMS warns Medicare providers of rising phishing scams via fraudulent fax requests for medical records falsely linked to audits. Providers urged to verify requests to protect patient data.

NY StateWide Highlights Medicare Doctor Spoofing Scam Targeting Seniors

New York StateWide Senior Action Council warns of Medicare fraud involving doctor spoofing calls targeting seniors, urging vigilance and reporting to curb $60B annual losses.

New York Medicare Fraud Alert Targets Seniors with Expiring Card Scam

New York officials alert seniors to a Medicare fraud scheme exploiting expiring card fears, urging use of monitoring app and reporting scams to Senior Medicare Patrol.

Medicaid Cuts and Medicare Fraud Pose Risks to U.S. Military Families and Vulnerable Populations

Medicaid funding cuts threaten military families and vulnerable populations; fraud in Medicare costs billions annually. Missouri invests in tornado recovery amid budget debates.

CMS Expands Medicare Advantage Audits to Address $43B Overpayments

CMS is intensifying Medicare Advantage audits to recover $43 billion in overpayments, impacting provider contracts and regulatory compliance across the MA ecosystem.

Medicare Fraud Costs $60 Billion Annually; RI Office Promotes Prevention

Medicare fraud imposes a $60 billion annual cost and risks to beneficiaries. Rhode Island's Senior Medicare Patrol leads education during Medicare Fraud Prevention Week to enhance fraud awareness and protection measures.

AI Set to Revolutionize US Insurance Industry by 2025

AI technology is projected to handle most standard insurance tasks by 2025, driving operational efficiency, enhancing risk assessment, and transforming claims processing across the US insurance sector.

Aetna Exits ACA Marketplaces as CMS Launches Fraud Center and Milken Advances Women's Health

Aetna plans ACA marketplace exit in 2026 as CMS launches a new fraud center. Milken Institute forms Women's Health Network amid healthcare system shifts.