A New Model for No-Fault and Workers’ Compensation Insurance
21 Pages Posted: 24 Mar 2018
Date Written: August 16, 2012
The current system of no-fault and workers’ compensation is broken. It is rife with fraud! In order to protect against fraud the insurance carriers over-aggressively deny coverage. True victims of accidents are therefore unduly denied coverage. This paper suggests new system for dealing with care, payments and fraud detection in the no-fault and workers’ compensation arena.
Keywords: Insurance, Workers’ Compensation, No-Fault, Insurance Fraud
JEL Classification: G22, G29, I10, I19, J39, J58, K42
Suggested Citation: Suggested Citation