Insurance fraud increases cost for all consumers and the insurance industry billions of dollars each year.

Insurance fraud and false claims are intended to defraud an insurance provider. In the United States insurance fraud is estimated to cost $875 per person per year with The Coalition Against Insurance Fraud estimating the loss to be over $80 billion per year and Medicare estimating fraud in its system costs the government $179 billion per year. Insurance fraud costs are paid by all of us through higher premiums, or, in the case of government insurance like Medicare, in higher taxes. Second, if a particular individual is the target for the fraud, they have costs such as deductible payments, loss of property use, etc., as well as higher premiums from the claim loss and the potential for denial of future coverage. Redemption Investigations is experienced in all types of fraud investigations.