With knowledge of the facts, the process of reporting a fraud becomes easy. The reporting has to be done as fast as possible to prevent loss of more money. Though procedures for reporting fraud may vary from one company to another, almost all companies have a standard procedure that can be followed. Once you are familiar with the standard procedure, learning the standard procedure of your dental insurance company can be a breeze.
Identify the easiest and preferred method used by the insurance company by which you can report fraud. If you aren't so sure about the procedure, spend some time to go through the contract papers to see if there is any special procedure employed by your insurance company. Writing a letter or making a phone call are the easiest means to do this, as it can take only a few minutes.
The most important thing to note before you actually report a fraud is that, you need to have detailed information to substantiate your claim. Even small pieces of information can be useful in winning a dental insurance fraud claim. In the event of absence of a name, make sure you get at least the basic information that can actually help in identifying the person without which the insurance company can virtually do nothing about the issue.
Many insurance companies encourage customers to report fraud and some even go as far as to reward customers. The rewards depend on the magnitude of the fraud. You must however make certain that a fraud is taking place before you actually report it. False claims can potentially get you into a lot of trouble.
The insurance companies may also reduce your premium rates for helping them catch insurance fraud.
About the Author
Chris Puetz is an international recognized author and writes for several websites frequently. You can find more dental insurance related articles written by him on Insured365.com.
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