{"id":108379,"date":"2025-02-25T03:55:55","date_gmt":"2025-02-25T03:55:55","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/insurance\/deterring-insurance-fraud-a-new-book-by-barry-zalma\/"},"modified":"2025-02-25T03:55:55","modified_gmt":"2025-02-25T03:55:55","slug":"deterring-insurance-fraud-a-new-book-by-barry-zalma","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=108379","title":{"rendered":"\u201cDeterring Insurance Fraud\u201d A New Book by Barry Zalma"},"content":{"rendered":"


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INSURANCE FRAUD IS EPIDEMIC<\/span><\/strong><\/h2>\n

Insurance fraud continually takes more money each year than it did the last from the insurance buying public. There is no certain number. No one knows the amount that is taken by insurance fraud because most attempts at insurance fraud succeed. Estimates of the extent of insurance fraud in the United States range from $87 billion to more than $300 billion every year. The only certainty is that it is a serious crime that bleeds the insurance industry sufficiently to have states compel insurers to create special investigative units (SIU\u2019s) to investigate, deter and defeat insurance fraud to assist the state in its efforts to prosecute the crime.<\/p>\n

Insurers and government backed pseudo-insurers can only estimate the extent they lose to fraudulent claims. Lack of sufficient investigation and prosecution of insurance criminals is endemic. Most insurance fraud criminals are not detected. Those that are detected do so because they became greedy, sloppy and unprofessional so that the attempted fraud becomes so obvious it cannot be ignored.<\/p>\n

The logarithmic growth of fraud against insurers and government based programs like Medicare and Medicaid, will eat away any chance insurers \u2013 and their shareholders \u2013 can operate successfully. In addition, medical fraud perpetrated on federal and state agencies, will increase the tax burden of those who pay taxes to support Medicare, Medicaid and the so-called \u201cAffordable Care Act\u201d or Obamacare, will be insufferable.<\/p>\n

In fact, insurers are almost universally ignored by police agencies when the insurer victim reports the crime. When insurance criminals are caught in the act they are seldom arrested, even less often prosecuted and almost never punished seriously. In addition to educating police and prosecutors, insurers must work to educate the judiciary that the crime of insurance fraud is a serious crime that often causes injury or death to the innocents who are the conduit used by the fraud perpetrators to reach the deep pockets of the insurance companies or the state or federal governments.<\/p>\n

The book is now available as a Kindle book<\/a>, a paperback<\/a> and hardcover<\/a><\/p>\n

\"\"(c) 2025 Barry Zalma & ClaimSchool, Inc.<\/p>\n

Please tell your friends and colleagues about this blog and the videos and let them subscribe to the blog and the videos.<\/p>\n

Subscribe to my substack at https:\/\/barryzalma.substack.com\/subscribe<\/a><\/p>\n

Go to X @bzalma; Go to Newsbreak.com https:\/\/www.newsbreak.com\/@c\/1653419?s=01;<\/a> Go to Barry Zalma videos at Rumble.com at https:\/\/rumble.com\/account\/content?type=all;<\/a> Go to Barry Zalma on YouTube- https:\/\/www.youtube.com\/channel\/UCysiZklEtxZsSF9DfC0Expg<\/a><\/p>\n

Go to the Insurance Claims Library \u2013 https:\/\/lnkd.in\/gwEYk<\/a><\/p>\n

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\n\t\t\t\t\t\t\tAbout Barry Zalma\t\t\t\t\t\t\t<\/h2>\n

\t\t\t\t\t\t\tAn insurance coverage and claims handling author, consultant and expert witness with more than 48 years of practical and court room experience.\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n

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<\/p>\n

\n\t\t\t\t\t\t\tThis entry was posted in Zalma on Insurance<\/a>. Bookmark the permalink<\/a>.\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n

\n\t\t\t\t\t<\/div>\n\n","protected":false},"excerpt":{"rendered":"

INSURANCE FRAUD IS EPIDEMIC Insurance fraud continually takes more money each year than it did the last from the insurance buying public. There is no certain number. No one knows the amount that is taken by insurance fraud because most attempts at insurance fraud succeed. 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