Working the Numbers to Detect Fraudulent Claims

Friday, October 8th, 2010 Fraud Workers' Compensation

Firms that provide workers’ compensation insurance need to be on the lookout for fraud in a variety of areas, such as employees filing for fake or exaggerated injuries and employers filing incorrect worker codes to save money on premiums. Increasingly, insurers are turning to a variety of technology solutions to detect and stop fraudulent claims, which typically fall into three main categories, says Karlyn Carnahan, principal at Novarica, a New York-based consulting firm.

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http://www.insurancenetworking.com/issues/13_10/insurance_technology_claims_fraud_workers_comp_data_mining-26065-1.html

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