Fake insurance exchanges target businesses, individuals as Obamacare nears

September 11, 2013

Business, Health Care, Legal Affairs, Politics

A number of health insurance scams have emerged in recent months as crooks try to cash in on confusion over the health care reform law, and some officials say they are bracing for more in the months ahead, The Washington Post reports.

The Mississippi Department of Insurance says it has not received reports of  the insurance exchange scams occurring in the state.

Most of the schemes target uninsured individuals and employers, many of whom will soon be required to purchase a minimum level of health coverage or pay a tax penalty. In some cases, scammers have set up bogus Web sites intended to look like the law’s new health insurance exchanges, where individuals and small business owners will be allowed to shop for coverage starting on Oct. 1.

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