Tag Archives: fraud

Can Big Data Help Prevent Workers’ Comp Fraud?

  
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What is Workers’ Compensation Fraud?

Workers Comp Fraud 1

What is Workers’ Compensation Fraud?

Part One of Two on Fighting Fraud with Insured Solutions 
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Workers’ Comp Fraud: Is It a Big Deal?

Teenager in handcuffs

Workers’ compensation, when managed properly and honestly, is a vital form of insurance that protects employees who are injured on the job through no fault of their own. When the injury is especially grave and/or requires significant time away from the job, workers’ comp becomes all the more important.

But the main issue with workers’ comp is that some people who wind up collecting feel like they’ve won the lottery – they’re getting paid and they don’t have to go to work. It’s the American Dream, right? So why would they admit that they’re completely healed – or that they were never really particularly injured in the first place – when they can just go on receiving paychecks for doing nothing? That’s exactly why workers’ comp fraud is such an issue. 
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