PIP Fraud Report
November 1st, 2011 by flanewsInsurance companies paid out 2.7 billion dollars in personal injury protection or PIP claims last year. That’s up 900 million dollars from a year ago… and state leaders think its up because of fraud. A report given to the Governor and state cabinet today says some doctors are over billing PIP patients because law requires the insurance company to pay up to 10-thousand dollars in medical claims. Chief Financial Officer Jeff Atwater says accidents are also being staged.
“Let’s look at the weak spots we’ve found from the data we’ve found and lets address it because there’s great value to PIP and no one disagrees with that,” said Atwater.
PIP reform is legislative priority of the governor and state lawmakers and changes are expected next session.
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