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Workers' compensation fraud: how to save an arm and a leg.
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Claims
- Article date:
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September 1, 2003
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Copyright informationCOPYRIGHT 2003 Insurance Week, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Workers' compensation fraud costs the insurance industry approximately $5 billion each year, according to the National Insurance Crime Bureau, and it is partly blamed for a rise in insurance premiums for businesses across the board. Whether caused by workers, employers, or medical networks, workers' compensation fraud is a rampant problem that has been worsened by a weakened economy. Unfortunately for companies around the country, workers' compensation fraud is just one more consideration when conducting business in the current economic climate.
Whether it is a corner dry cleaner or Fortune 500 conglomerate, there are risks to employees in every workplace, and companies ...
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