Accidents and sustained injuries occur in the workplace, and workers compensation insurance exists as a safety net for injured employees. Unfortunately, fraudsters often take over employee compensation claims, costing American companies over $30 Billion annually. And while COVID-19 redefines workplaces, the risk of injury fraud is greater than ever before.
Worker’s compensation fraud can be challenging to investigate because there are countless ways for fraudsters to make false claims, even if their injuries are real. For example, a fraudster might claim to have broken an arm while alone at work despite having broken it at home. Another fraudster might pretend to have chronic injuries and pain from the workplace despite going rock climbing with family on weekends.
When an employee fakes or misrepresents an injury to receive workers compensation payments, the false claim often adversely affects the company’s loss history. This can result in raised premiums or employer penalization. Moreover, the claimant wastes company time and reduces productivity rates. Insurance investigators must thoroughly but quickly examine claimants to prevent these aftereffects.
Investigators can quickly and thoroughly analyze workers compensation claims using Pipl SEARCH as a service. Pipl’s statistically-calculated profiles of over 3.5 billion identities can quickly provide investigators with open-source online and offline information which can be probed to prove or disprove employee claims. For more details on how Pipl SEARCH can support employee compensation claims investigations, click here to read our INV Whitepaper.
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