It's fine to shop around for better prices or benefits for health insurance, but it's best to consult trusted agents from trusted companies.
According to the FBI, health insurance is an emerging fraud target, stinging hundreds of people around the country and leaving them with mounting medical debt.
Typically, people are contacted randomly on the phone by unknown businesses pitching free services, very low costs, and great benefits. Usually the victims are urged to act fast and save money by paying for the entire year upfront.
But, FBI officials warn people to be wary.
– Fraudsters are very good at sounding legitimate and friendly. Don't trust the voice at the end of the line.
– Just because someone on the phone says they are with a well-known company, doesn't mean they are actually with the company.
– The person on the phone might claim you'll save thousands of dollars and get great benefits, but it's better to read what is written down. Review the offer in writing. Don't be stampeded into paying anything up front.
– Remember nothing comes free. If the offer seems to good to be true, it probably isn't true.
If you do find an insurance offer that sounds good, there are some things you can do:
– Call your medical providers to see if they accept the insurance plan.
– Contact the state insurance commissioner to verify that the company is legitimate.
– Read the policy. Compare it to what you already have.
– Never let yourself be rushed into paying money upfront.
