Fraudulent Doctor Surrenders License, Repays $144K To Texas Mutual

Austin, TX (CompNewsNetwork) - Texas Mutual Insurance Company reported today that Ihsan Shanti, M.D. of Houston and Shanti Pain & Wellness Clinic pleaded guilty to felony workers' compensation fraud-related charges.

Between January 2003 and March 2006, Shanti and his clinic over-billed workers' compensation carriers for pain management services in excess of hours actually attended by patients, according to the indictments.

A Travis County district court ordered Shanti to surrender his medical license for five years, pay a $10,000 fine, and repay $143,646 to Texas Mutual, $18,331 to the State Office of Risk Management, and a combined $182,500 to three other carriers.

The court also sentenced Shanti to eight years of deferred adjudication and ordered him to perform 400 hours of community service. In addition, Shanti Pain & Wellness Clinic was ordered to pay a $5,000 fine.

About Texas Mutual Insurance Company
Austin-based Texas Mutual Insurance Company is the state's leading provider of workers' compensation insurance, with approximately 25 percent of the market. Since 1991, the company has provided a stable, competitively priced source of workers' comp insurance for all Texas employers. Texas Mutual has zero tolerance for fraud. In 2007, the company saved $4.2 million through its claimant fraud investigations. It recovered another $1.1 million from employers who tried to illegally lower their premium, and it prevented $1.3 million in health care provider fraud.

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