Why would someone steal a medical identity? There are generally two reasons. One motivation for medical identity theft is when a person without insurance needs a surgery or prescription drugs and sees your insurance as free ticket. Another motivation for medical identity theft is the money, sometimes millions, which thieves can collect in false medical claims. Victims of medical identity theft can be left unpaid medical bills and ultimately ruined credit.
It is estimated that approximately 420 billion dollars in federal funds are sitting in “limbo.” The government calls this the Earnings Suspense Fund. . . .there is no one to credit the payments to. . . Who benefits? The federal government, does and the imposter who was able to be employed using your number.
A massive data breach in the United Kingdom demonstrates how easy it is for sensitive data to be compromised. Two CDs containing the personal information of almost every child under the age of 16 and their parents in the U.K. have gone missing. (That’s 25 million people who belong to 7.25 million families.) The data, …