Work at Home Scams - Medical Billing Claims Schemes

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Work from your home - Processing Medical Billing Claims (Scam 2)

Research Hundreds of Work at Home Scams Here

You can find ads stating you can earn thousands working from home processing medicall billing claims in almost every city - from signs on the street and posted on telephone poles on your corner to your newspaper and PC. We must admit, we all find these ads with curiousity with hopes of making big money. But proceed with extreme cautions.

Many home based business opportunities do not deliver on their promises. We all know this...can you really earn $5,000 in week working from home:

Most advertisments (that's really what they are) don' mention the fact that you WILL have to work many hours without pay. Or they don't mention that it can cost hundreds of dollars to participate.

IMPORTANT: THESE ADS ARE NOT JOBS, BUT BUSINESS OPPORTUNITIES THAT TAKE AN INVESTMENT TO START...EVEN IF THEY SAY IT'S FREE, YOU STILL HAVE TO ADVERTISE AND ADVERTISING TAKES MONEY!

Countless schemes require you to spend your own money to place newspaper ads; make photocopies; or buy the envelopes, paper, stamps, and other supplies or equipment you need to do the job. The companies sponsoring the ads also may demand that you pay for instructions or "tutorial" software. Consumers deceived by these ads have lost thousands of dollars, in addition to their time and energy.

IMPORTANT: THE ABOVE PARAGRAPH MENTIONS SCHEMES - THERE ARE MANY OPPORTUNITIES THAT ARE LEGITIMATE - DO YOUR RESEARCH BEFORE YOU SPEND A DIME!

Below are classic scams to avoid:

Medical billing ads for pre-packaged businesses - known as billing centers - are in newspapers, on television and on the Internet. If you respond, you'll get a sales pitch that may sound something like this: There's "a crisis" in the health care system, "baby boomers" will make you rich, due partly to the overwhelming task of processing paper claims.

The promoter also may tell you that many doctors who process claims electronically want to "outsource" or contract out their billing services to save money. Promoters will promise that you can earn a substantial income working full or part time, providing services like billing, accounts receivable, electronic insurance claim processing and practice management to doctors and dentists. They also may assure you that no experience is required, that they will provide clients eager to buy your services or that their qualified salespeople will find clients for you.

The reality: you will have to sell. These promoters rarely provide experienced sales staff or contacts within the medical community.

The promoter will follow up by sending you materials that typically include a brochure, application, sample diskettes, a contract (licensing agreement), disclosure document, and in some cases, testimonial letters, videocassettes and reference lists. For your investment of $2,000 to $8,000, a promoter will promise software, training and technical support. And the company will encourage you to call its references. Make sure you get many names from which to chose. If only one or two names are given, they may be "shills" - people hired to give favorable testimonials. It's best to interview people in person, preferably where the business operates, to reduce your risk of being mislead by shills and also to get a better sense of how the business works.

Few consumers who purchase a medical billing business opportunity are able to find clients, start a business and generate revenues - let alone recover their investment and earn a substantial income. Competition in the medical billing market is fierce and revolves around a number of large and well-established firms.

Envelope stuffing. Promoters usually advertise that, for a "small" fee, they will tell you how to earn money stuffing envelopes at home. Later - when it's too late - you find out that the promoter never had any employment to offer. Instead, for your fee, you're likely to get a letter telling you to place the same "envelope-stuffing" ad in newspapers or magazines, or to send the ad to friends and relatives. The only way you'll earn money is if people respond to your work-at-home ad.

Assembly or craft work. These programs often require you to invest hundreds of dollars in equipment or supplies. Or they require you to spend many hours producing goods for a company that has promised to buy them. For example, you might have to buy a sewing or sign-making machine from the company, or materials to make items like aprons, baby shoes or plastic signs. However, after you've purchased the supplies or equipment and performed the work, fraudulent operators don't pay you. In fact, many consumers have had companies refuse to pay for their work because it didn't meet "quality standards."

Unfortunately, no work is ever "up to standard," leaving workers with relatively expensive equipment and supplies - and no income. To sell their goods, these workers must find their own customers.

Questions to Ask
Legitimate work-at-home program sponsors should tell you - in writing - what's involved in the program they are selling. Here are some questions you might ask a promoter:

What tasks will I have to perform? (Ask the program sponsor to list every step of the job.)
Will I be paid a salary or will my pay be based on commission?
Who will pay me?
When will I get my first paycheck?
What is the total cost of the work-at-home program, including supplies, equipment and membership fees? What will I get for my money?
The answers to these questions may help you determine whether a work-from-home program is appropriate for your circumstances, and whether it is legitimate.

There are many legitimate opportunities available so you'll also need to determine how much time you have to spend, and since most are business opportunities versus jobs, how much money you have to invest.

You also might want to check out the company with your local consumer protection agency, state Attorney General and the Better Business Bureau, not only where the company is located, but also where you live. These organizations can tell you whether they have received complaints about the work-at-home program that interests you. But be wary: the absence of complaints doesn't necessarily mean the company is legitimate. Unscrupulous companies may settle complaints, change their names or move to avoid detection.

Where to Complain
If you have spent money and time on a work-at-home program and now believe the program may not be legitimate, contact the company and ask for a refund. Let company representatives know that you plan to notify officials about your experience. If you can't resolve the dispute with the company, file a complaint with these organizations:
The Federal Trade Commission works for the consumer to prevent fraud and deception. Call 1-877-FTC-HELP (1-877-382-4357) or log on to www.ftc.gov.
The Attorney General's office in your state or the state where the company is located. The office will be able to tell you whether you're protected by any state law that may regulate work-at-home programs.
Your local consumer protection offices.
Your local Better Business Bureau.
Your local postmaster. The U.S. Postal Service investigates fraudulent mail practices.


Source of this article: FTC.GOV
  

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