New York insurance officials seeks to decrease system-wide fraud

New York auto insurance

The state’s Department of Financial Services (DFS) is attempting to beat the plague of no-fault system fraud. The department is making reforms at the state level to help to eliminate the tremendous number of loopholes that are making the no-fault New York insurance system for auto coverage a highly abused program. These new regulations are meant to take aim at the issue of doctors who are receiving healthcare payments for services that are not actually being provided, as well as technical problems that are frequently used to stop a decision…

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