The sheer screaming attractiveness of medical ID theft

[grow_thumb image=”http://telecareaware.com/wp-content/uploads/2014/10/screenshot-med-25.jpg” thumb_width=”170″ /]Harry Lime Lives!  It’s the 1949 Vienna of ‘The Third Man’ when it comes to the black market of medical identity theft. Data breaches are easier than heisting penicillin off an Army Medical Corps truck and far less noticeable–there’s always a lag time in discovery as more than one health system (Community Health System) found. And protected health information (PHI) has value down the line. According to a report cited by FierceHealthIT:

  • Simple data comes cheap: names, birth dates and health insurance contract with group numbers fetch a pedestrian $20.
  • Add Social Security (SSI) numbers, banking and credit card information, and these ‘kits’ fetch $1,500. These can be used for financial fraud of multiple types or alternate identities.
  • Add medical data, and direct marketing data brokers and pharmacy benefit companies are willing to pay. They use it for legitimate (but annoying) purposes, such as targeting those with specific diseases.
  • Add physical identification, and the value goes through the roof for fake passports, driver’s licenses and visas.

The ways PHI can be accessed are many: EHRs, paper records, stolen laptops, CDs, accounting systems, provider, insurer and supplier systems, and simple ‘friendly fraud’ (more…)