Navigation Links
Credit Card Companies Fueling Healthcare Associated Identity Theft (HAIT) Crimes
Date:6/20/2008

Automated Systems Issuing Credit without Verification Put Millions at Risk

SAN FRANCISCO, June 20 /PRNewswire/ -- Credit card companies are knowingly contributing to the identity theft epidemic by making it easy for people with access to patient records to apply for and receive credit using stolen information. Hospital workers, lab technicians and even janitors with as little as a stolen social security number are able to manipulate the automated systems used by such industry giants as Bank of America, Citibank and Chase to apply for and receive credit issued under the name of an ill or incapacitated patient.

phone call and some basic information are often enough for these companies to grant credit without any verification of the legitimacy of the applicant. The identity theft epidemic victimized 15 million Americans in 2006, up 50% from 2005. Severely ill patients in hospitals are often targeted.

Anyone who is hospitalized, in extended care facilities or nursing homes is especially vulnerable," said Eric Drew, himself a victim of Healthcare Associated Identity Theft (HAIT). "Credit card companies' negligent practices have fueled a wave of HAIT crimes that are seriously affecting the financial and physical health of patients."

Drew knows firsthand the crippling implications of the epidemic. While fighting leukemia in a Seattle hospital, his identify was stolen by a lab technician who assumed Drew would die and proceeded to apply for credit cards and rack up thousands of dollars in debt -- all under Drew's name. A lawsuit is on-going to hold these banks who issued the credit responsible.

A major focus of Drew's lawsuit is to require the credit industry to look at credit granting and reporting procedures and create a new "Medically Incapacitated Consumer" category to consider medical patients and elderly who would be unable to prove their innocence if attacked by an identity thief.

"Citibank, Chase, Bank of America, Equifax, and Experian are fighting me so they can continue to issue and report fraudulent credit without any application verification procedures," adds Drew. "These devastating business practices give a green light to identity thieves and put every patient in jeopardy."


'/>"/>
SOURCE Eric Drew
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Global Med Technologies(R), Inc. Secures $6 Million Credit Facility From Silicon Valley Bank for Inlog Acquisition
2. Biofeedback Workshops & Distance Learning Offer Credits and Training Options
3. Treatment at an AASM accredited sleep center improves long-term CPAP compliance
4. Consumer Reports: Patients Overdose on Debt As Lenders, Doctors, and Hospitals Push Risky Credit to Pay for Medical Care
5. Medical Mutual of Ohio Receives URAC Utilization Management Accreditation
6. Echocardiography Lab at Presbyterian Hospital of Dallas Achieves Prestigious Reaccreditation
7. PartnerRe Executive Vice President & Chief Financial Officer Albert Benchimol to Present at the FPK CCW Credit Risk Conference in London on June 6, 2008
8. Population Health Impact Institute Releases Methods Evaluation Process(TM) (MEP(TM)) Accreditation Standards for Public Comment Period
9. Cancer Centers of North Carolina Receives Prestigious Accreditation
10. TriWest Earns URAC Health Network Reaccreditation
11. The National Exercise & Sports Trainers Association Receives Accreditation of Its Personal Fitness Trainer Certification From the National Commission for Certifying Agencies (NCCA)
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... ... , ... Global Healthcare Management’s 4th Annual Kids Fun Run brought out many ... event, sponsored by Global Healthcare Management’s CEO, Jon Letko, is aimed at getting kids ... of all ages; it is a non-competitive, non-timed event, which is all about having ...
(Date:10/13/2017)... , ... October 13, 2017 , ... ... and Agile Software Development, has been awarded a contract by the Center for ... Agreement (BPA) aims to accelerate the enterprise use of Agile methodologies in a ...
(Date:10/12/2017)... ... October 12, 2017 , ... First Healthcare Compliance ... management, will showcase a range of technology and learning solutions at the 68th ... and Expo to be held October 14–18, 2017 at the Mandalay Bay Resort ...
(Date:10/12/2017)... (PRWEB) , ... October 12, 2017 , ... ... products to meet the demand of today’s consumer and regulatory authorities worldwide. From ... probiotic experts and tested to meet the highest standard. , These products ...
(Date:10/12/2017)... ... 12, 2017 , ... Asante, a nationally recognized health system ... their existing home health joint venture through an agreement, effective October 1, 2017, ... venture home health company with Asante, delivering clinically integrated care, for the past ...
Breaking Medicine News(10 mins):
(Date:10/4/2017)... WESTWOOD, Mass. , Oct. 4, 2017  According to the Centers ... by the end of October . PhysicianOne Urgent Care is helping communities ... Westchester, NY , by offering no-cost* flu shots through ... , as mandated by certain health insurance regulations. ... The best time to get a flu shot is by ...
(Date:10/2/2017)... -- AllianceRx Walgreens Prime, the combined central specialty pharmacy and ... manager Prime Therapeutics LLC (Prime), today officially began the ... of new signage at its headquarters in ... few other company-owned facilities across the country. This also ... whom will begin to see the AllianceRx Walgreens Prime ...
(Date:9/28/2017)... 2017 Cohen Veterans Bioscience and Early Signal ... wearable and home sensors for real-time monitoring of patients ... a nonprofit organization focused on disruptive health solutions for ... analytical system to record and integrate behavioral, cognitive, physiological ... ...
Breaking Medicine Technology: