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:2/24/2017)... ... ... Yisrayl Hawkins, Pastor and Overseer at The House of Yahweh, has published a ... an astounding statement when he says that the entire Bible was written for the ... times so plainly that anyone should be able to see the time period. He ...
(Date:2/24/2017)... Emeryville, CA (PRWEB) , ... February 24, 2017 ... ... Esparza for qualifying into the Senior International Elite division on February 12th. ... All Around divisions at the elite qualifier competition held in Las Vegas, Nevada. ...
(Date:2/23/2017)... ... 23, 2017 , ... The Lymphoma Research Foundation (LRF) – ... serving the lymphoma community through a comprehensive series of education programs, outreach initiatives ... Miami Beach to host its Swirl: Miami Wine Tasting Event on March 28, ...
(Date:2/23/2017)... ... 23, 2017 , ... Rosica Communications, a national PR ... media management, corporate communications, SEO and cause marketing, is opening an office in ... Hampshire, Massachusetts and Canada, Rosica will focus on expanding its footprint. , ...
(Date:2/23/2017)... , ... February 23, 2017 , ... ... uncertainty in clinical trials, today announced that Premier Research, a leading clinical development ... , Clinical trials are becoming increasingly complex, due in part to an array ...
Breaking Medicine News(10 mins):
(Date:2/23/2017)... , Südkorea, 23. Februar 2017 LG Innotek ... Sterilisationsaufgaben vorgestellt. Die Sterilisationsleistung beträgt das 1,5-fache des 45-mW-Moduls ... Strahlung im Bereich zwischen 200 und 280 nm und eignet ... Bakterien, indem es ihre DNA zerstört. Das Produkt von ... ...
(Date:2/23/2017)... , Feb. 23, 2017 ITL Limited, ( ASX: ... excellent results for the half year ended 31 December 2016 compared ... Growth Update" presentation can be viewed here . ... (Dec 2015: $1.04m; up 104%) Earnings per share ... Revenue of $17.5m (Dec 2015: $15.7m; up 11%) ...
(Date:2/23/2017)... -- Research and Markets has announced the addition of the ... their offering. ... research Menopause Drugs Price Analysis and Strategies - 2016, provides drug pricing ... the following questions: What are the key ... in the Global Menopause market? What are the unit ...
Breaking Medicine Technology: