Identity Theft Protection

Signs of Medical Fraud

August 6, 2020 

Medical fraud offers a considerable bounty for thieves because unlike a single credit card, health records can contain multiple personal identifiers. That’s why stolen medical records tend to fetch higher prices. Whereas a credit card number on the black market may cost just 8 bucks, a medical record can be sold for $100. The following scenarios can help you catch medical fraud:

If you’ve ever gotten a bill for a procedure you didn't have or from a doctor you don’t know, this may be medical fraud (lucky you caught it—lots of people don’t!) Thieves may start by using stolen medical insurance for a small procedure with a physician you’ve never heard of—just to see if you notice.

If someone stole your identity, what would you do?

Medical fraud can seriously disrupt your access to healthcare. If your medical data is stolen, thieves can create a fake ID and charge your insurance company until the limit’s reached. If that happens, you may have to pay out of pocket for necessary procedures.

If someone stole your identity, what would you do?

Implausible as it sounds, this is exactly the type of thing that can happen with medical fraud. All a thief needs are a few pieces of your healthcare information to charge prescriptions in your name—and then turn around and sell the medications.

If someone stole your identity, what would you do?

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Editorial note: Our articles provide educational information for you. NortonLifeLock offerings may not cover or protect against every type of crime, fraud, or threat we write about. Our goal is to increase awareness about cyber safety. Please review complete Terms during enrollment or setup. Remember that no one can prevent all identity theft or cybercrime, and that LifeLock does not monitor all transactions at all businesses.

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