Understanding Assignment of Benefits (AOB) Abuse in Michigan

Understanding Assignment of Benefits (AOB) Abuse in Michigan

Introduction to Assignment of Benefits (AOB) Assignment of Benefits (AOB) is a contractual agreement wherein a policyholder transfers their insurance benefits to a third party, often a service provider, allowing that party to directly receive payments from the insurer. This practice is particularly prevalent in industries such as healthcare, auto insurance, and home repair services. … Read more