Questionable insurance claims in New York rose by 4.5 percent in 2010, according to a study by the National Insurance Crime Bureau reported in Insurance Journal.
In 2010, insurers reported 7,026 suspicious insurance claims in the state, compared to 6,726 in 2009. Questionable claims are defined as those that NICB member insurance companies refer to NICB for review and investigation based on factors that indicate fraud. A single claim may contain as many as seven reasons for referral to NICB.
The number of questionable claims has risen around 10 percent since 2007, when New York reported 6,378 suspicious claims. Of the claims reported in 2010, 4,016 claims originated from New York City, representing 57 percent of the total. The rest were from other cities, with the second-highest amount coming from Buffalo.
Read the Insurance Journal report on New York insurance claims.
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In 2010, insurers reported 7,026 suspicious insurance claims in the state, compared to 6,726 in 2009. Questionable claims are defined as those that NICB member insurance companies refer to NICB for review and investigation based on factors that indicate fraud. A single claim may contain as many as seven reasons for referral to NICB.
The number of questionable claims has risen around 10 percent since 2007, when New York reported 6,378 suspicious claims. Of the claims reported in 2010, 4,016 claims originated from New York City, representing 57 percent of the total. The rest were from other cities, with the second-highest amount coming from Buffalo.
Read the Insurance Journal report on New York insurance claims.
Read more on coding, billing and collections:
-CMS Should Stall ICD-10 Until 2016, Coders Say
-RAC Demand Letters: Surgery Centers Fight Back
-Average Coder Salary by Workplace: 20 Statistics to Know