March is Fraud Prevention Month, when Canadians are encouraged to get informed about fraud and how they can protect themselves.
Get Cyber Safe has information on what your company and your employees can do to learn how to recognize, report and stop fraud.
Learn more by visiting GetCyberSafe.ca, the Competition Bureau and the Canadian Anti-Fraud Centre.
If you want to report benefits fraud, visit the Canadian Health Care Anti-fraud Association’s website.
And here are some useful articles on benefits fraud:
Protect your benefits plan from fraud
Many insurance providers and third-party administrators have established in-house investigation teams, tools, frameworks and approaches to help combat cases of group insurance fraud.
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Fraud prevention tips for benefits plan members
People can be victims of fraud in many ways. They can have their identity stolen, their banking information compromised, or credit cards stolen—either in real life or online. And similarly, with healthcare and benefits fraud, they can have their health benefits stolen or compromised and their health records corrupted as a result of fraudulent activities.
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Online claims and benefits fraud
Some insurance companies now provide online claiming for non-drug benefits (electronic adjudication of drug claims has been around for years). But how has this increase in online claiming affected—positively or negatively—group insurance fraud?
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Acting on innovation in group benefits
Technological change is all around us, and many industries—such as media, banking and retail—have used it to significant advantage. The group benefits industry, however, has lagged behind in this area.
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Fraud Squad
Each year, private plans lose large sums of money to benefits fraud, which also drives up plan costs. But there are steps that employers can take to protect themselves—and their plan members—from underhanded activities.
Read more…