According to the Coalition Against Insurance Fraud, healthcare fraud costs the U.S. approximately $80 billion per year and is expected to grow. This is why penalties and fines for such crimes could land you a 20-year prison sentence.
Fraud involves intentionally deceiving an individual or organization for the purpose of unlawful financial gain. Insurance fraud encompasses any action that is carried out with the intent of gaining a benefit or advantage from an insurer that you’re not entitled to. Insurance fraud results in a loss to the insurance company and it also results in higher premiums to consumers. These are serious charges and you need a insurance fraud lawyer on your side fighting for you.
You can be charged with insurance fraud in state court or under federal law if it’s determined that your unlawful actions affected interstate commerce. If you’re targeted for an insurance fraud investigation, you can be assured that the every effort will be made to prove a criminal case against you. Enlisting the help of a well-qualified insurance fraud lawyer is vital in order to protect your rights.
Insurance fraud can be committed against any type of insurance provider. Some of the most common types of insurance fraud include:
You can be charged with insurance fraud if you:
One of the most widespread types of insurance fraud involves the healthcare industry. Doctors, health care providers, and even patients can be charged with insurance fraud for engaging in deceptive practices with the intent to benefit financially.
These are actions that are typically committed by doctors, hospitals or other health care providers. In some instances, the patient may be the one who is committing insurance fraud.
The federal government is committed to investigating and prosecuting instances of insurance fraud, particularly those instances involving the healthcare industry. Federal law provides for strict penalties for individuals who are convicted of insurance fraud. Depending on the type of offense involved, you may face up to 20 years in prison if convicted of fraud, as well as heavy fines. In addition, you may also be ordered to pay restitution to the insurance company.
If it’s determined that you committed mail or wire fraud in your efforts to deceive the insurance company or that the fraud was committed as part of a larger conspiracy, you will likely face additional charges for these crimes. Mail and wire fraud carry a penalty of up to 20 years in prison and a fine, which can result in an even lengthier stay if convicted of insurance fraud.
A conviction for insurance fraud can have long-lasting consequences for not only you but your loved ones as well. If you’ve been accused of any type of insurance fraud, choosing the right insurance fraud attorney to represent you is vital when your freedom and your rights are at stake.
Michael Schmiege provides vigorous and aggressive legal representation to individuals charged with insurance fraud in and around DuPage County, Illinois. He is committed to acting as an advocate on your behalf to help you fight insurance fraud charges. Don’t let a conviction for insurance fraud ruin your life.
Contact Michael Schmiege's nationally recognized boutique law firm for a consultation with a knowledgeable criminal defense attorney who will fight charges aggressively for you. We dedicate the time and resources necessary to give our clients the best possible opportunity for a favorable outcome. Aggressive, skilled legal counsel is always your best chance for a favorable outcome when your future is in jeopardy. Call a qualified defense attorney at our firm immediately to ensure you have strong legal representation in your case.
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