Medical scams are vicious and can take your name, home, business and everything you own.
This kind of identity theft is a scammer’s dream and a victim’s nightmare.
These types of health insurance scams happen mainly because of greed.
Sometimes it happens because of need and sometimes stealing the health care of another happens because a person can’t afford the medical treatment they need.
Medical records are another big target for identity theft. Scammers love this type of medical scam.
This type of scam is called “full” primarily because it contains Social Security numbers, payment accounts, addresses; everything a thief needs to establish the identity of someone else.
The bank doesn’t eat the losses like in credit card fraud.
Often, medical identity theft victims end up paying for care they didn’t receive.
Because of the incident, many victims will lose their health insurance or will have to pay much higher premiums to restore it.
To resolve a case of medical id theft, it can cost on average, out of pocket, more than $20,000.
Cyber crime now allows a thief a much bigger opportunity to steal your medical information because, with a push from the Obama administration, more and more patient health records are now being computerized.
Sadly, in general, the best safeguards are not put into place by health care organizations.
If someone uses your identity to get health care, it can jeopardize your ability to get services, compromise your own treatment and change your medical records.
Medical records that are stolen have absolutely all the personal information an identity thief needs.
It also allows the thief access to get a passport using the victim’s name that could also be used for terrorism.
You may have to pay for this service, but it’s worth it.
This document shows who got your records.
Do Not carry your Medicare card in your wallet.
Because medical scams have become such big business on the black market, it pays to learn as much as you can about this and how to protect yourself from becoming a victim.