The Minnesota Workers’ Compensation Fraud Poster is an essential tool for any employer’s fraud prevention program. The poster provides examples of common forms of workers’ compensation fraud and describes the penalties for violating the law.
Workers’ compensation fraud hurts businesses and employees. High claim rates can cause workers’ compensation premiums to rise, forcing employers to slow hiring and cut back on employee benefits such as raises and health insurance benefits. Employees may believe that it’s okay to tell a “white lie” in regards to a workers’ compensation claim, but doing so can expose them to high penalties and even imprisonment.
Informing employees of prohibited conduct and the consequences of breaking the law can help deter fraud and encourage fraud reporting. The Minnesota Workers’ Compensation Fraud Poster is designed to help your employees become aware of common forms of Workers’ Compensation fraud and the consequences for making fraudulent statements relating to a workers’ compensation claim.
The consequences for committing Workers’ Compensation fraud in Minnesota may include imprisonment for a term between 90 days to 10 years and a fine between $1,000 and $20,000, depending on the value of the benefits or payment that was fraudulently obtained. A person who is convicted of insurance fraud will also be required restitution to persons aggrieved by the violation.
The Minnesota Workers’ Compensation Fraud Poster provides contact information for the Minnesota Commerce Fraud Bureau’s Fraud Tip Line, empowering employees to get involved and report suspected instances of workers’ compensation fraud.