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::: Buffalo Health Insurance Articles :::



Beware of bogus Health Insurance Plans

by Tony

As we see the costs of health insurance and health care costs rise each and everyone of us will have been faced with an annual increase in health insurance premiums. It is only natural that people will look for a lower cost alternative and in doing so some are finding themselves the victims of fake health insurance plans.

Fake health insurance plans look like genuine authorized health insurance plans they are set up with the intention to take your money and not to pay benefits or abide by any state insurance laws. People who buy into a fake health insurance plan can often find themselves with little recourse to justice and are often left with large debts in the event of a claim against the health insurance policy.

There is some confusion surrounding who has the regulatory authority to investigate and prosecute bogus health insurance plans, is it the Department of Labor or state Departments of Insurance. Licensed agents are mainly responsible for selling bogus health insurance plans and can be held liable for selling unlicensed and fraudulent products.

It is important for to licensed agents verify the legitimacy of any product they intend to offer for sale. So it goes without saying that all licensed insurance producers and consumers should verify the legitimacy of any product before putting any money down. Everyone is at risk of being a victim of a fake health insurance plan including individuals, families and employers

Some points to consider before making a decision

Are the health insurance premiums being offered significantly lower than similar health insurance products you have considered.

Is the health insurance plan offering universal coverage with no mention of exclusions or pre-existing conditions.

Anyone who claims they do not need a license to sell their health insurance product.

If the agent is indicating this product is exempt from state regulation you should beware.

A health insurance plan that does not use the word insurance anywhere in its materials or documents. This article has been written by http://www.healthinsurerquote.info For more information on health insurance, visit our web site http://www.healthinsurerquote.info This article is not a substitute for medical advice. Please feel free to use this article in your newsletter or on your web site, the resource box must be included. If you use this article, please send a brief message to let me know where it appeared: mailto:hiq@t4star.com Thank you.


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Aim of bus trek is health care reform (The Buffalo News)
16 May 2008 at 10:48am
A busload of 60 members of the clergy, business owners and elected officials from Niagara and Erie counties will travel to Albany next week to push state leaders to enact a law to regulate health main...
BILLS DOSE: Schein likes Buffalo?s chances (Lockport Union-Sun & Journal)
15 May 2008 at 2:50am
FOXSports.com columnist Adam Schein recently published his thoughts on what the Buffalo Bills have done so far this offseason.
News of the Weird - May 18 (Boulder Daily Camera)
16 May 2008 at 4:44pm
Weird news
Michigan House OKs bills protecting workers' off-duty activities (The Ann Arb...
16 May 2008 at 12:31pm
LANSING -- The state House on Thursday passed legislation protecting workers from being fired for what they do while off the job, as long as the activities are legal and not done at their work place.
Company news (The Post-Standard)
16 May 2008 at 9:00am
Ö Steve Chirello, owner of Chirello Advertising, served as a judge for the 2008 State University of New York Council for University Advancement award of excellence category for Web site design. This i...
Cut by Bills, Everett Will Get Benefits (Washington Post)
13 May 2008 at 2:40pm
The Buffalo Bills released Kevin Everett yesterday, clearing the way for the former tight end to receive disability benefits for the spinal cord injury that ended his career.
News of the Weird (Macon Telegraph)
16 May 2008 at 7:09am
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Regional Report / Star Tribune to slice $2.5M from newsroom budget (Pioneer P...
16 May 2008 at 5:24am
The Star Tribune will cut its newsroom budget by 10 percent, or about $2.5 million, Editor Nancy Barnes told employees in a meeting Thursday, according to a newsroom employee who asked not to be named...

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BSO begins effort to prevent ID theft (Miami Herald)
14 May 2008 at 7:35pm
Roughly 500 significant cases of identity theft crossed the desk of Sgt. Jay Leiner, head of the Broward Sheriff?s Office?s Economic Crime Unit, in 2007. Original post by Yahoo! News Search Results f...
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