In 2011, Douglas Falduto, chief security officer in the special investigations unit of New Jersey’s largest health care insurer, Blue Cross/Blue Shield, and his team, recovered $27 million in fraudulent claims. Is this one of the reasons why health insurance in NJ keeps going up? Please research the following: 1. 3. Research the State of NJ Department of Banking and Insurance, and it’s involvement in insurance fraud. 4. Research the “NJ Insurance Fraud Prevention Act”, and state the purpose of this act. INSTRUCTIONS: This research paper is worth 100 points, and is to be typed, double spaced, using a 12 point font, with 1″ margins, top, bottom, and sides, for a minimum of 3 pages or more, excluding the Reference page. The last page is to include a list of references used.
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