Medical Billing Home-Based Business
Opportunities : In some cases, opportunities for a home-based
business in the medical billing field can be a scam. There are
many ads appearing on the internet, in addition to ads in the
classified sections of newspapers that lure people into the
idea they will make good money working at home, filing claims
for doctors.
Beware of these ads until you have thoroughly checked them
out. The Federal Trade Commission (FTC) has warned against
these advertised business opportunities and has also brought
charges against these scammers for misrepresenting not only
the possible earnings, but also, not informing the person of
the investment required to start this home business. Claims of
$20,000 to $45,000 a year earnings potential is normally what
is promised in these ads. In many cases, people assume they
are applying for a job,
as their ads will be listed in
the 'help wanted' classified section. Some ads will claim you
need no previous experience - just simply purchase their
software and this will set you up in business! The cost of
this software varies from $300 to $500 and it's claimed there
are instructions in the software on how to process claims;
plus, this software will contain a list of clients (doctors)
who are looking for someone to do this type of work for them.
Usually, this list of clients is bogus and completely useless.
The general rule in paying up-front money to anyone is to be
sure you know who you are paying it to and this rule would
apply in this case. They will tell anyone who calls their
toll-free number, in answer to their ad, that processing
medical claims is a very thriving business allowing for them
to earn good money.
They also inform people that there
are many doctors who are in search of medical billing
processors. Be aware, most doctors either contract their
medical billing services out to established firms or they have
an in-house staff who does this work for them. Thus, it takes
time and a lot of work to acquire doctors as clients who will
put their trust in someone working from home. To verify a
medical billing business opportunity, ask for references of
other people who have bought and used their system. Several
names are required to allow
