Goldman Sachs is set to pay a $7 million settlement in the face of federal regulators' civil charges that its futures brokerage business failed to diligently supervise activity in trading accounts for two years.
The demand for more expedient and convenient services in the world of health benefits grows every year. And the boundaries of what constitutes an expected level of service are being pushed with the popularity of smartphones and mobile tablet devices.
Some insurance companies now provide online claiming for non-drug benefits (electronic adjudication of drug claims has been around for years). But how has this increase in online claiming affected—positively or negatively—group insurance fraud? What impact has this new claiming channel had upon the “misuse, abuse and overuse of benefits?” Unfortunately, fraudulent activities continue to thrive. […]