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Thousands Of People’s Insurance Appeals Went To A Doctor Feds Say Is A Fraud

For years, Spyros Panos seemed like a successful orthopedic surgeon, seeing dozens of patients a day and bringing in millions of dollars in fees for his suburban New York medical group.
October 2, 2018 Excess & Surplus Lines Fraud Life & Health Litigation Workers' Compensation

11 Charged In $6.8 Million Insurance Fraud Case Involving Addiction Treatment Operations

The owner and an employee of a Fountain Valley-based treatment facility, along with five doctors and four so-called body brokers, have been arrested and charged in what authorities say was a scheme to fraudulently bill insurance companies millions of dollars for experimental, unnecessary and potentially harmful surgeries on recovering addicts, the Orange County district attorney’s office announced Wednesday.
September 27, 2018 Fraud Life & Health

The Institutes RiskBlock™ Alliance And LIMRA Announce First Blockchain Use Case For Life Insurance And Annuity Sector

The Institutes’ RiskBlock Alliance and LIMRA have announced the first blockchain use case for the insurance consortia’s newly formed life and annuity sector. The application, Mortality Monitor, will leverage Social Security data, other data sources and policyholder records to provide real-time notification to members of the death of life insurance and annuity policyholders.
September 20, 2018 Life & Health Technology

Huge Increase In Health Insurance Robocall Scams

President Donald Trump has vowed to dismantle Obamacare -- and con artists have been listening.
September 13, 2018 Life & Health

Who Should Provide Indemnity For IoT Medical Devices?

Healthcare organizations are extremely vulnerable to cyber threats because of the valuable nature of the data they collect. Cyber criminals can generate more profit selling static healthcare information on the dark web that they can selling payment card information because the window of opportunity (before fraud is flagged and details are changed) is often much greater.
August 13, 2018 Excess & Surplus Lines Life & Health

Court Backs Insurer: No $300K Payout in Head-on Crash

An insurance company refused to pay $300,000 in a head-on crash that killed a Michigan man and his mother after a doctor came up with a key conclusion: Robert Krugman likely drifted out of his lane because of a heart attack.
July 19, 2018 Life & Health Litigation Michigan

Floridian Charged in Massive Health Insurance Fraud Worth $1M

A Florida man is now facing charges in a massive health insurance scam. To swindle his insurance company out of about a million dollars, he allegedly assumed the identity of a doctor in New Jersey.
July 18, 2018 Fraud Life & Health Florida

Critical Condition: Medical Technology Cybersecurity

The best plotlines in fiction are often based on reality, giving them a scary edge and chilling ring of truth. One such plotline was the subject of Showtime’s “Homeland” series: the fictional Vice President of the United States dies of a heart attack triggered by cyberattackers who hacked into his pacemaker.
July 10, 2018 Liability Life & Health Risk Management Technology

Insurers Warn Of Rising Premiums After Trump Axes Obamacare Payments Again

Health insurers warned that a move by the Trump administration on Saturday to temporarily suspend a program that was set to pay out $10.4 billion to insurers for covering high-risk individuals last year could drive up premium costs and create marketplace uncertainty.
July 9, 2018 Life & Health

Insuring Fans, Stars’ Legs And FIFA’s Revenue At The World Cup

The World Cup has reached its most exciting period, with the best teams moving forward to the quarter finals. If there’s anything to be said about the major sporting event so far, it’s that the World Cup has been full of surprises, with celebrated frontrunners like Germany falling fast and hard in the group stage.
July 6, 2018 Excess & Surplus Lines Life & Health

Wearable Technology: A Game Changer For Life And Health Insurers

Wearable devices (those worn by consumers as accessories or implants), have been of interest to more than a handful of industries in recent years. The opportunities and possible uses so far seem positive and limitless.
July 3, 2018 Life & Health Technology

Recall On Birth Control Pills Causing ’Unintended Pregnancy’ Risk

Imagine finding out that one of the sample packs of birth control pills that your doctor gave you could actually result in pregnancy.
Pharmaceutical company Allergan announced a nationwide voluntary recall of Taytulla soft gel oral contraceptive capsules—1mg/20mcg sample packs—on May 29 after learning that four "non-hormonal" placebo capsules (aka, sugar pills) had inadvertently been placed out of order.
June 1, 2018 Liability Life & Health

Mountain Bikers Attacked By Cougar Near Seattle, 1 Killed

A man killed by a mountain lion in Washington state and his friend who escaped did everything they were supposed to do in an attack, according to authorities.
May 21, 2018 Life & Health Washington

Salmonella Sickens Nearly Three Dozen People Following Recall Of More Than 200 Million Eggs

A salmonella outbreak that led to a recall of nearly 207 million eggs has now sickened nearly three dozen people in states along the East Coast.
May 14, 2018 Life & Health Florida New Jersey New York North Carolina Pennsylvania

Humana And UnitedHealth Launch Insurance Company Blockchain Pilot

Two of the largest insurers in the United States have come together to launch an insurance company blockchain pilot. The purpose is to be able to improve the quality of healthcare data.
April 5, 2018 Life & Health Technology
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