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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