This presentation by the Health 2.0 Conference reviews and explores the impact of healthcare fraud on patients, the different types of healthcare scams, and how patients can protect themselves from falling victim to these spammy activities.

1. The Devastating Impact Of
Healthcare Fraud On Patients:
Understanding the Risks With Health 2.0 Conference

2. Table Of Contents
1. Healthcare Fraud: A Growing Concern For Patients
1. The Impact Of Healthcare Fraud On Patients
1. Types Of Healthcare Fraud
1. How Patients Can Protect Themselves From Healthcare
Fraud?

3. Healthcare Fraud: A Growing
Concern For Patients

4. ● Health 2.0 Conference highlighted healthcare fraud as a serious issue that
poses a growing concern for patients, healthcare providers, and the
government.
● Healthcare fraud refers to intentional deception or misrepresentation
committed by individuals or organizations in the healthcare industry in order
to gain financial benefit.
● This could involve fraudulent billing practices, overcharging patients,
providing unnecessary medical services or supplies, or other illegal practices.
● Patients are particularly vulnerable to healthcare fraud as they rely on
healthcare providers to provide them with accurate and necessary medical
care.
● Health 2.0 Conference’s panelists said that scam practices can result in
patients receiving substandard or unnecessary care, or even no care at all.
Patients may also be left with the burden of paying for fraudulent charges,
which can be financially devastating.

5. The Impact Of Healthcare
Fraud On Patients

6. Healthcare fraud can have devastating consequences on patients, as per the
reviews collected from Health 2.0 Conference’s delegates. The impact can
be both financial and personal. Some of the ways that healthcare fraud can
harm patients include:

7. Financial Loss: Patients can lose significant money due to healthcare fraud.
Fraudulent activities such as fake health insurance policies, fake medical
devices, or unapproved treatments can result in out-of-pocket expenses not
covered by insurance. Patients may also be billed for services that were never
provided or overcharged for services they did receive.
Compromised Medical Care: Health 2.0 Conference’s Winter Edition highlights
that such a fraud can also compromise medical care. Patients may receive
unnecessary or inappropriate treatments, medications, or medical devices that
can lead to further health problems. In some cases, patients may be
misdiagnosed, leading to delayed or incorrect treatment that can be harmful.
Personal Harm: Patients may be physically harmed due to healthcare fraud.
For example, fake medical devices or unapproved treatments may cause injury
or harm to patients. Patients may also be exposed to dangerous or
contaminated drugs, which can have severe health consequences.

8. Types Of Healthcare Fraud

9. Billing Fraud: Billing fraud involves charging for services that were not provided
or overcharging for those provided. As suggested by the Health 2.0 Conference
reckoned, this type of fraud can involve both healthcare providers and
insurance companies.
Unapproved Treatments: Unapproved treatments refer to treatments not
approved by the Food & Drug Administration (FDA). These treatments may not
be safe or effective and can cause harm to patients.
Fake Health Insurance: Fake health insurance policies are sold to patients who
believe they are buying legitimate health insurance coverage. These policies
may not provide coverage, leaving patients with significant out-of-pocket
expenses.
Medical Identity Theft: Medical identity theft occurs when someone uses a
patient's personal information to obtain medical services or products. As it will
be highlighted at the Health 2.0 Conference’s upcoming edition, such a scam
can lead to incorrect medical records and compromised medical care.

10. How Patients Can Protect Themselves
From Healthcare Fraud?

11. ● Before seeking medical care from a provider, verify their identity and
credentials. Check the provider's medical license, certifications, and
reviews from other patients.
● Be wary of unsolicited medical treatments, products, or insurance
offers. Research the company or provider before agreeing to any offers.
● Review your medical bills carefully to ensure that you have not been
charged for services you did not receive or overcharged for services
you did receive.
● If you suspect you have been a victim of healthcare fraud, report the
activity to the appropriate authorities, Health 2.0 Conference reviews in
its Winter Edition. This can help prevent others from falling victim to the
same fraudulent scheme.

12. Thank You!
This Presentation Is Prepared By
Aayushi Kapil
Manager, Health 2.0 Conference