OUT FOR UNLICENSED INSURERS|
As a business or an individual looking for health insurance, do your homework to protect yourself against potential scams.
Small businesses may be vulnerable to health-insurance scams because of increased health-care costs, difficulty finding coverage, and lack of knowledge about the subject.
According to the National Association of Insurance Commissioners, states are finding it difficult to regulate association health plans that reach across state lines. Some scams have duped consumers and businesses into paying for insurance that doesn't exist.
Fake insurance brokers might mimic the names
of legitimate companies, and
licensed insurance agents have been tricked into selling fake plans. Scams ultimately affect everyone from unpaid
hospitals and health-care providers to consumers
who are left with unaffordable health-care
You may download or order a copy of our free "Health Insurance Guide," a helpful resource under Consumer Guides at www.MyFloridaCFO.com.
If you think you have been taken in by phony insurance, contact the Florida Department of Financial Services at 1-800-342-2762 and the U.S. Department of Labor's Employee Benefits Security Administration at 1-866-444-3272 or www.askebsa.dol.gov.