over 500 mln baht in false covid-19 insurance claims made in view that pandemic

bangkok: extra than 500 million baht (one hundred baht = rm12.33) of fraudulent covid-19 coverage claims had been made for the reason that outbreak in 2020, thai trendy coverage association stated.

its chairman anon vangvasu stated most of the fake claims were made below “jer jai jop” coverage or known as “paid upon infection” in which showed covid-19 patients might acquire instantaneous fee.

“as covid-19 outbreak peaked final yr, masses of humans made claims, so checking of documents might not have been as stringent as earlier than as coverage groups rushed to pay their clients.

“but, while the insurance corporations rechecked the files with applicable government, they discovered falsified files and faux claims,” he stated.

he delivered that many have been discovered the use of faux patient data and filed faux covid-19 take a look at outcomes.

“those the usage of falsified documents for covid-19 coverage claims could face maximum three years’ imprisonment or a 300,000 baht first-class, or both,” he said.

soaring covid-19 insurance claims has brought about turmoil some of the insurance organizations inclusive of syn mun kong insurance (smk) which filed a rehabilitation petition with the critical bankruptcy courtroom in can also this year after going through heavy losses from covid-19 claims.

on may 18, the court docket regular smk’s rehabilitation petition.

smk has issued a announcement explaining that it owes 41 billion baht in pay-outs related to covid-19 coverage rules. the corporation has thus far paid out 11.875 billion baht the usage of its profits, however still owes about 30 billion baht to some other 350,000 policyholders.

the organization stated it’s far unable to honour the remaining pay-outs because of impact on its liquidity.-bernama

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