In the United States, healthcare fraud was the most common type of insurance fraud, it accounted for 105 billion U.S. dollars in 2022. Annually, insurance fraud costs American consumers approximately 308 billion U.S. dollars. According to the Violent Crime Control and Law Enforcement Act of 1994, insurance fraud in the U.S. is a federal offense.
Annual insurance fraud costs in the U.S. in 2022, by fraud category
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Forbes. (March 20, 2024). Annual insurance fraud costs in the U.S. in 2022, by fraud category [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1478124/insurance-fraud-costs-in-the-us-by-category/
Forbes. "Annual insurance fraud costs in the U.S. in 2022, by fraud category ." Chart. March 20, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1478124/insurance-fraud-costs-in-the-us-by-category/
Forbes. (2024). Annual insurance fraud costs in the U.S. in 2022, by fraud category . Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1478124/insurance-fraud-costs-in-the-us-by-category/
Forbes. "Annual Insurance Fraud Costs in The U.S. in 2022, by Fraud Category ." Statista, Statista Inc., 20 Mar 2024, https://www.statista.com/statistics/1478124/insurance-fraud-costs-in-the-us-by-category/
Forbes, Annual insurance fraud costs in the U.S. in 2022, by fraud category Statista, https://www.statista.com/statistics/1478124/insurance-fraud-costs-in-the-us-by-category/ (last visited December 22, 2024)
Annual insurance fraud costs in the U.S. in 2022, by fraud category [Graph], Forbes, March 20, 2024. [Online]. Available: https://www.statista.com/statistics/1478124/insurance-fraud-costs-in-the-us-by-category/