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:6/26/2016)... ... 2016 , ... On June 10-11, 2016, A Forever Recovery, a holistic treatment ... Longest Breakfast Table in Battle Creek, MI, where the rehabilitation facility is located. This ... of the world’s leading providers of cereal and other breakfast foods. Its residents often ...
(Date:6/26/2016)... ... June 26, 2016 , ... ... they have been diagnosed with endometriosis. These women need a treatment plan to ... a comprehensive approach that can help for preservation of fertility and ultimately achieving ...
(Date:6/25/2016)... ... June 25, 2016 , ... "With 30 hand-drawn hand gesture animations, FCPX ... Austin - CEO of Pixel Film Studios. , ProHand Cartoon’s package transforms over ... Cut Pro X . Simply select a ProHand generator and drag it above media ...
(Date:6/25/2016)... ... ... On Friday, June 10, Van Mitchell, Secretary of the Maryland Department of ... recognition of their exemplary accomplishments in worksite health promotion. , The Wellness at Work ... Symposium at the BWI Marriott in Linthicum Heights. iHire was one of 42 businesses ...
(Date:6/24/2016)... ... 2016 , ... June 19, 2016 is World Sickle Cell Observance Day. In ... benefits of holistic treatments, Serenity Recovery Center of Marne, Michigan, has issued ... Sickle Cell Disease (SCD) is a disorder of the red blood cells, which can ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... 2016  Consumers have taken a more active ... more emphasis on patient outcomes. ... the pharmaceutical industry have evolved beyond just providing ... are focusing on becoming more patient-oriented across their ... services that improve health. ...
(Date:6/24/2016)... SOUTH SAN FRANCISCO, Calif. , June 24, ... GBT ), a biopharmaceutical company developing novel ... with significant unmet needs, today announced the closing ... 6,400,000 shares of common stock, at the public ... the shares in the offering were offered by ...
(Date:6/24/2016)... 2016 Dublin ... addition of the " Global Markets for Spectroscopy ... This report focuses on the ... review, including its applications in various applications. The report ... includes three main industries: pharmaceutical and biotechnology, food and ...
Breaking Medicine Technology: