Useful Links

Beware of bogus Health Insurance Plans

As we see the costs of health insurance and health care costs rise each and everyone of us will have been faced with an annual increase in health insurance premiums. It is only natural that people will look for a lower cost alternative and in doing so some are finding themselves the victims of fake health insurance plans.

Fake health insurance plans look like genuine authorized health insurance plans they are set up with the intention to take your money and not to pay benefits or abide by any state insurance laws. People who buy into a fake health insurance plan can often find themselves with little recourse to justice and are often left with large debts in the event of a claim against the health insurance policy.

There is some confusion surrounding who has the regulatory authority to investigate and prosecute bogus health insurance plans, is it the Department of Labor or state Departments of Insurance. Licensed agents are mainly responsible for selling bogus health insurance plans and can be held liable for selling unlicensed and fraudulent products.

It is important for to licensed agents verify the legitimacy of any product they intend to offer for sale. So it goes without saying that all licensed insurance producers and consumers should verify the legitimacy of any product before putting any money down. Everyone is at risk of being a victim of a fake health insurance plan including individuals, families and employers

Some points to consider before making a decision

Are the health insurance premiums being offered significantly lower than similar health insurance products you have considered.

Is the health insurance plan offering universal coverage with no mention of exclusions or pre-existing conditions.

Anyone who claims they do not need a license to sell their health insurance product.

If the agent is indicating this product is exempt from state regulation you should beware.

A health insurance plan that does not use the word insurance anywhere in its materials or documents. This article has been written by http://www.healthinsurerquote.info For more information on health insurance, visit our web site http://www.healthinsurerquote.info This article is not a substitute for medical advice. Please feel free to use this article in your newsletter or on your web site, the resource box must be included. If you use this article, please send a brief message to let me know where it appeared: mailto:hiq@t4star.com Thank you.

Highly Recommended

Informative Articles

• Affordable Health Insurance - Overview
  
  
• Finding The Right Health Insurance Company
  
  
• Online Health Insurance Quotes
  
  
• Controlling The Cost Of Your Health Insurance
  
  
• Beware of Bogus Health Insurance Plans
  
  
• Buy Health Insurance Online and Save
  
  
• Cheap Health Insurance Rates
  
  
• Choosing Affordable Health Insurance For Children
  
  
• Choosing a Health Insurance Quote
  
  
• Cutting Health Insurance Costs
  
  
• Differences in Health Insurance Plans
  
  
• Affordable Family Health Insurance
  
  
• Finding An Online Health Insurance Quotation
  
  
• Health Insurance 101

Recommended Resources

DO YOU HAVE A INSURANCE SITE?

Want to trade links? Learn more - click here

See our list of recommended resources - click here

Newsletter

Useful Links

Products & Services

• Get instant online auto insurance quotes - Guaranteed Lowest Prices
  
  
• Get a FREE Health Insurance Quote!
  
  
• FREE Dental Insurance Quote
  
  
• Affordable Auto Insurance - Get Your No Risk Quote Now
  
  
• Get a FREE Health Insurance Quote!

Opportunities

Home  News  Articles  Links    Material on this site is provided for information purposes only. It is not meant to be a substitute for professional advice. The information should not be used to diagnose or treat a health problem or disease, make investment and financial decisions, or to prescribe any medication. In case of doubt, promptly contact a qualified professional for advice.   Copyright © 1997-2006, All rights reserved. Privacy policy. Text, graphics, and HTML code are protected by US and International Copyright Laws, and may not be copied, reprinted, published, translated, hosted, or otherwise distributed by any means without explicit permission. Legal notices   Guydz.com (TM) 2/28, O'Shanecky Street, VIC 3062 Fax : (612)-903 2671 E-mail : webmaster @ guydz.com URL : http://www.Guydz.com/