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Write You - Auto Insurance Accident Fraud - A Crime of Defrauding Insurance Companies
Crime is everywhere and all around us. Not all crime is requires the use of stun guns or pepper spray to thwart a potential assault or robbery. Some crimes are perpetrated by white collar or blue collar people who take advantage of others when they least expect it.
Many car accidents are merely insur
Many car accidents are merely insur
According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product
ance schemes designed to get the consumer to pay through higher premiums.
You are driving down the interstate when all of a sudden you are involved in a car accident. However, this is not just any car accident. You become a victim of a scheme to defraud your insurance company out of thousands of doll
You are driving down the interstate when all of a sudden you are involved in a car accident. However, this is not just any car accident. You become a victim of a scheme to defraud your insurance company out of thousands of doll
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
rs. Nationally, insurance companies fork over millions of dollars a year to defend against misleading car accident claims by people profiting from these claims. How do car insurance schemes affect you? Who do you think pays for the cost of insurance scams? YOU DO!
You can prevent possible car insur
You can prevent possible car insur
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
ance accident fraud by educating yourself on the techniques that are practiced today. Call your insurance provider if you believe you have been scammed or witnessed a scam. An insurance provider could reward you for your efforts in providing such information.
Here is a list of schemes used today by m
Here is a list of schemes used today by m
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
ny white collar criminals.
Paper Accident
A paper accident is when a criminal actively solicits other people in the car repair and salvage industry to partake in accidents that only exits on paper. Crooked lawyers, doctors, and insurance agents are normally part of this scheme as well. The pe
Paper Accident
A paper accident is when a criminal actively solicits other people in the car repair and salvage industry to partake in accidents that only exits on paper. Crooked lawyers, doctors, and insurance agents are normally part of this scheme as well. The pe
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
petrator will knowingly keep the claim less than $1,000 because most insurance companies will not investigate a claim less than this amount.
Hit & Run
A “hit & run” is when a perpetrator reports a false hit and run to their insurance provider.
Swoop & Squat
Swoop & squat is when a perp
Hit & Run
A “hit & run” is when a perpetrator reports a false hit and run to their insurance provider.
Swoop & Squat
Swoop & squat is when a perp
ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc
etrator abruptly pulls in front of a car (the swoop) and quickly slams on the brakes (the squat). An accomplice moves to the side of the targeted vehicle to prevent the trapped car from swerving out of the way. This is called “boxing in” a vehicle. Then all the passengers in the squat car report inju
easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi
ies that are supported later by a crooked medical doctor or chiropractor.
Sideswipe
This is a technique used in multiple turn lanes at an intersection. A perpetrator will continue to take multiple left turns until another car suddenly moves into the lane in which the perpetrator suddenly accel
Sideswipe
This is a technique used in multiple turn lanes at an intersection. A perpetrator will continue to take multiple left turns until another car suddenly moves into the lane in which the perpetrator suddenly accel
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
erates to force impact.
T-bone
This procedure is normally done in the absence of any hostile witnesses. The perpetrator sits and waits at an intersection and knowingly rams into a car as it passes. When police arrive to take an accident report, bogus witnesses show up all of a sudden and tell
T-bone
This procedure is normally done in the absence of any hostile witnesses. The perpetrator sits and waits at an intersection and knowingly rams into a car as it passes. When police arrive to take an accident report, bogus witnesses show up all of a sudden and tell
and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ
the officer that the victim ran a stop sign or a red light.
Wave
This tactic is normally done in heavy traffic and when there is a merge. The perpetrator waves to the victim and pretends to yield the right of way. As the victim begins to merge into the lane, the perpetrator accelerates his ca
Wave
This tactic is normally done in heavy traffic and when there is a merge. The perpetrator waves to the victim and pretends to yield the right of way. As the victim begins to merge into the lane, the perpetrator accelerates his ca
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
to force an impact. When police arrive, the perpetrator falsely reports ever giving up the right of way.
Shady Helper
This could happen after an honest auto accident. A stranger accosts you after an accident and gives you phone numbers to an auto body shop, lawyer, or doctor. This could be
Shady Helper
This could happen after an honest auto accident. A stranger accosts you after an accident and gives you phone numbers to an auto body shop, lawyer, or doctor. This could be
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
a scam. The auto repair shop often fattens your repair cost, and the doctor may give you less than the required clinical treatment or none at all. A lawyer may try to convince you to sue the insurance company.
Most insurance schemes are performed by experts who role-play before actually committing th
Most insurance schemes are performed by experts who role-play before actually committing th
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
crime. They are normally very professional and skillful in their deeds, but that does not mean that you can take steps from becoming a victim. The following is some measure than can be taken to shift the advantage to your side.
Keep a disposable camera, pen and paper in your glove compartment. If y
Keep a disposable camera, pen and paper in your glove compartment. If y
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
ou have a cell phone with a camera feature, this is perfect! A picture can be a valuable tool in an auto accident. After an accident, take a ton of pictures of every car including the passengers. Get as much information about every person in the accident including names and phone numbers of witnesses
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
The pictures along with your notes will leave little room for perpetrators to lie about the damage to their car and injury to their passengers afterwards. If you believe an accident was a setup, get good details about the accident! Protect yourself always!
What should you do if you are involved
What should you do if you are involved
t?
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
n an auto accident?
1. Exchange information with the driver.
2. Have your driver license, vehicle registration, and proof of insurance ready.
3. Count the number of people in the car and get their:
• Names
• Address
• Telephone number
• Note if they were wearing seatbelts
• Note if they acte
1. Exchange information with the driver.
2. Have your driver license, vehicle registration, and proof of insurance ready.
3. Count the number of people in the car and get their:
• Names
• Address
• Telephone number
• Note if they were wearing seatbelts
• Note if they acte
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
d injured only after the police arrived at the scene
4. Get the names, address, and phone numbers of anybody that witnessed the accident.
5. Contact police if you believe the accident is staged.
Remember. Even if you are not a victim in an auto insurance fraud, helping insurance companies deter insu
4. Get the names, address, and phone numbers of anybody that witnessed the accident.
5. Contact police if you believe the accident is staged.
Remember. Even if you are not a victim in an auto insurance fraud, helping insurance companies deter insu
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
ance fraud crime benefits you, the honest consumer. The consumer will end up paying for the cost of auto insurance via higher premiums. This is something that many people do not want to do.
What these auto insurance scams can cost you
Record Blemished--Many insurance companies keep rec
What these auto insurance scams can cost you
Record Blemished--Many insurance companies keep rec
.
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
ords of your driving history to measure the risk of insuring motorists. The driving history is what determines your eligibility to be insured by the insurance company. Whether an accident is faked or not, your driving record will be affected.
Victims Terrorized, Killed--Staged accidents for in
Victims Terrorized, Killed--Staged accidents for in
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
urance claims is very dangerous to your health. It only takes one mistake by you or the perpetrators to take your life of the lives of your loved ones.
Premiums Increased--Everybody’s car insurance premiums go up because the cost of fake insurance claims is passed on to you, the honest consumer
Premiums Increased--Everybody’s car insurance premiums go up because the cost of fake insurance claims is passed on to you, the honest consumer
tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
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