U.S. Medical ID Theft Cost Jumps To $41 Billion

Kelly Jackson Higgins writes:

If you are victimized by medical identity theft, chances are you will foot the bill for the fraudulent charges, a new survey finds.

The Ponemon Institute’s Third Annual National Study on Medical Identity Theft, which was commissioned by Experian, found that 45 percent of medical ID theft victims end up paying their healthcare provider or insurer for charges incurred by the thieves because victims don’t typically have any other recourse. Even worse, half of the victims say they know the person who victimized them, and 31 percent say they allow family members to use their IDs to get medical services.

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