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:2/23/2017)... ... February 23, 2017 , ... The 89th Academy Awards will be celebrated this ... Education Policy Center Bunkum Award. We invite you to enjoy our 11th annual tongue-in-cheek ... winner is the Center for American Progress (CAP), for its report, Lessons From State ...
(Date:2/23/2017)... NJ (PRWEB) , ... February 23, 2017 , ... ... media outlet with a clinician-based audience, will be participating in Rare Disease Day ... in Washington, D.C. In addition, Rare Disease Report, a website, weekly e-newsletter and ...
(Date:2/23/2017)... CA (PRWEB) , ... February 23, 2017 , ... Los ... two episodes of WE TV’s “Mama June: From Not to Hot,” which will begin ... notable, “Mama” June Shannon, known to millions from the 2012 reality television series, “Here ...
(Date:2/23/2017)... Lawn, NJ (PRWEB) , ... February 23, 2017 ... ... specializing in thought leadership , media relations, content marketing, social media management, ... With several clients already in the state and in nearby New Hampshire, Massachusetts ...
(Date:2/23/2017)... California (PRWEB) , ... February 23, 2017 , ... ... Sports Development will host a diverse symposium on “Doping in Sport: ... Law and Sheppard Mullin Richter & Hampton LLP. The symposium will be held ...
Breaking Medicine News(10 mins):
(Date:2/24/2017)... 24, 2017 Medivir AB (Nasdaq ... a new Board of Directors that will be submitted ... Committee comprises representatives of the company,s three largest shareholders ... who have accepted a seat on the Nomination Committee, ... the 2016-2017 Nomination Committee was as follows:  ...
(Date:2/23/2017)... Research and Markets has announced the addition of the ... report to their offering. ... The latest research Autism Spectrum Disorder Drugs Price Analysis ... the global Autism Spectrum Disorder market. The research answers the ... drugs marketed for Autism Spectrum Disorder and their clinical attributes? How ...
(Date:2/23/2017)... 2017 ITL Limited, ( ASX: ITD ), an innovative ... half year ended 31 December 2016 compared with the previous corresponding ... be viewed here . Highlights ... 104%) Earnings per share of 2.2 cents (Dec ... (Dec 2015: $15.7m; up 11%) Profit before tax ...
Breaking Medicine Technology: