Home-based medical billing and coding work can prove to be fulfilling and beneficial. However, scams lay in the background ready to catch you off guard. The FTC (Federal Trade Commission) has exposed many of these scams and prosecuted those behind these many scams so they are unable to do the same to others. The way many of these scammers work is by giving promises that they are unable to fulfill when it comes to the earnings and by not giving the complete disclosing information that is supposed to be disclosed by law.
Some words that could mean a potential scam include the following:
â€¢ No experience required, yet high earnings
â€¢ Toll-free numbers that when you call the representative you speak with on the phones tells you, you can make x amount of money (usually a large amount) in a short amount of time.
â€¢ They offer you all the tools you need to get started for a fee, generally the tools include software, forms, etc. The price could be $300-$700+ and when you comment on the amount they tell you that you will make what you put out once you get started.
The sad fact of the matter is that you will more than likely not make any money. The software is useless with little to no support from the software maker and the features that you need to perform your billing services are not there which will lead to mistakes, money loss and client loss. Some may state that if you are not satisfied that they offer you a guaranteed refund. Please do not take this as any form of protection because as soon as you learn that you are being scammed out of your hard earned money you may never see that money again.
If you run into a company that you are unsure about, launch your own investigation into the companyâ€™s background:
âŽ« Who has done past business with the company?
âŽ« What is their rating with the Better Business Bureau?
âŽ« Do they have a lift of references that you would be able to contact?
âŽ« Do they answer all of the questions you ask?
âŽ« Have you read the contract completely, gone as far as to contact an organization that offers legal advice or contact an actual attorney?
Who Can Help?
If you have become a victim to these scams, first contact the company and try and get your money back speak with them over the phone and through written correspondence via certified mail (make copies of the letters you send and make a note of the date and time you contacted the company). If you are unable to receive any response back from the company then inform them that you are going to report them to the proper authorities. Here are some resources that you can utilize to file a report:
â€¢ The FTC (Federal Trade Commission can be contacted at the following: 1-877-382-4357 or contact them directly from their website www.ftc.gov.
â€¢ Each states has the office of the Attorney Generalâ€™s office, contact either the one in the state that the supposed company is said to be located or contact the one in your state.
â€¢ Contact your local CPO (Consumer Protection Office) or the BBB (Better Business Bureau), note the company or organizations DO NOT have to be a BBB member in order to have a complaint filed.