Insurers Are Being Burned By Compounded Pain Creams

  Thursday, June 30th, 2016 Source: Coalition Against Insurance Fraud

Snake oil salesmen in the 1800s made a living selling potions with extravagant healing claims that were patently false. Medical con artists, like all con artists, trade in ignorance. Snake oil salesmen trade in the victim’s ignorance of medical science and society’s collective ignorance of the snake oil salesmen’s fraudulent practices. The first commodity unfortunately is abundant. Yet medical fraud can be stopped when community and business leaders become wise to the tactics being used. Snake oil for the 21st Century is being peddled by pharmacies with claims of miraculous compounding pain creams.

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