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Insurance Fraud in Korea, Its Seriousness, and Policy Implications

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Abstract
Several characteristics of insurance fraud including its chronic nature justifies the need for identifying feasible proposals which can be expected to bring about significant impacts. Recent statistics show that insurance fraud is now consistently on the increase. However, insurance fraud is highly fragmented and each offence is not significant enough to elicit active interest among the public or interventions from the police. Three problems have been identified and diagnosed. These were a lack of awareness, an absence of a national leadership and also limited attention directed to insurance fraud by the investigating authorities. Based on these, three recommendations have been suggested. (1) Embarking on and developing a national initiative by central government, (2) Taking a dynamic concentration approach to send deterrent threats to potential fraudsters, and (3) Using big data technologies to detect clandestine activities by organised groups.
Author(s)
김병직정제용
Issued Date
2021
Type
Article
Keyword
big data technologiesdynamic concentrated approachHealth administrationinsurance fraudnational leadershipproblem diagnosis
DOI
10.3389/fpubh.2021.791820
URI
https://oak.ulsan.ac.kr/handle/2021.oak/9361
https://ulsan-primo.hosted.exlibrisgroup.com/primo-explore/fulldisplay?docid=TN_cdi_doaj_primary_oai_doaj_org_article_1f60210eddcd4419900bfc963e5ceed4&context=PC&vid=ULSAN&lang=ko_KR&search_scope=default_scope&adaptor=primo_central_multiple_fe&tab=default_tab&query=any,contains,Insurance%20Fraud%20in%20Korea,%20Its%20Seriousness,%20and%20Policy%20Implications&offset=0&pcAvailability=true
Publisher
FRONTIERS IN PUBLIC HEALTH
Location
스위스
Language
영어
ISSN
2296-2565
Citation Volume
9
Citation Start Page
0
Citation End Page
0
Appears in Collections:
Social Science > Social Science
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