Fake health care representatives are selling fictitious policies, referred to as ObamaCare. These bamboozlements prey on consumers who lack the knowledge about buying Michigan life insurance policies and Michigan health insurance plans. By the time many of these scams are exposed, it’s too late for the victims to recoup any losses.
Even though authorities have been overwhelmed by reports regarding Michigan life insurance and Michigan health insurance fraud, five tactics protect consumers from falling prey to these scams.
Michigan health insurance requirements go into effect in 2014. Any insurance representative stating otherwise is a fraud.
Obtain at least three different Michigan life insurance quotes, preferably with a representative, agent who offers a well-rounded portfolio of insurance agencies. A similar approach applies to purchasing Michigan health insurance.
Always, verify that the agent’s license is current for whichever policy the consumer needs, regardless of how well known the agent is (Michigan health insurance or Michigan life insurance).
Contact the Michigan’s Department of Insurance to determine if the agent’s name is linked to any outstanding complaints related to Michigan life insurance or Michigan health insurance. Also, using the Internet, visit Google to conduct a quick search Type the agent’s name followed by a comma, and the following other keywords: “complaints,” “fraud,” “scam.”
Never do business with agents, recommending an overstatement of income or net worth in exchange for a better Michigan life insurance benefit. The Attorney General’s office maintains a database of complaints along these lines. When it comes to making an insurance payment, always post checks payable to the insurance company and not the agent.
Although certain Michigan health insurance plans have specific enrollment dates, do not subscribe to any plan out of pressure or due to coercion. Additionally, any agent who fails to explain the details regarding the Michigan life insurance or other plan information is a red flag for an unscrupulous “professional.
Bookmark or visit Michigan Health and Life.com for additional information regarding Michigan life insurance and Michigan medical insurance policies. The site provides the latest news, resources and free life insurance quotes, online.