The evolution of healthcare insurance fraud
The UK has seen increased consumer interest in private healthcare insurance in recent years as more people become dissatisfied with NHS waiting times and experience increasing restrictions on treatment. The UK private healthcare market is expected to grow by 2.8% per annum to 2025 according to Persistence Market Research.
Existing healthcare insurance providers are responding to the growth opportunity and the threat of new entrants by offering a wide choice of policy options with a range of different prices in order to retain existing customers and attract new customers to increase market share.
However, as the healthcare insurance market grows so too does the risk of healthcare insurance fraud, with the weakened UK economy creating incentives for criminals.
Produced by CRIF, this report sheds light on:
• The common types of healthcare fraud.
• Typical frauds impacting the NHS.
• Recent fraud trends and cases in the UK.
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