It is estimated that there will be 1.85 million medical identity theft victims in 2012 costing victms upwards of $22,346. Learn how this effects businesses and consumer alike in the words of Dr. Ponemon himself.
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Ponemon Institute Medical Identity Theft Study
1. Third Annual
Survey on
Medical
Identity Theft
Conducted by Ponemon Institute
Sponsored by Experian’s ProtectMyID®
June 2012 Third Annual Survey on Medical Identity Theft
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2. What is medical identity theft?
Dr. Larry Ponemon
Third Annual Survey on Medical Identity Theft
2
3. More victims every year
1.85
million
1.49
1.41 million
million
2010 2011 2012
Number of Victims (millions)
Third Annual Survey on Medical Identity Theft
3
4. It’s a family affair
Dr. Larry Ponemon
Third Annual Survey on Medical Identity Theft
4
5. Victims stay mum
Do victims contact the police? Why not?
Yes 48%
No 52%
Dr. Larry Ponemon
Third Annual Survey on Medical Identity Theft
5
6. What do victims do?
Dr. Larry Ponemon
Third Annual Survey on Medical Identity Theft
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7. Data privacy is valuable
“
80% of victims surveyed believe it’s
critical for providers to make sure no
medical information is lost or stolen or
even shared without their consent.”
– Dr. Larry Ponemon
58% would switch providers if
they knew their medical records
were not safeguarded.
Third Annual Survey on Medical Identity Theft
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8. Costs are rising
Cost per Victim $22,346
$20,663
$20,160
2010 2011 2012
Third Annual Survey on Medical Identity Theft
8
9. What are the costs?
Dr. Larry Ponemon
Third Annual Survey on Medical Identity Theft
9
10. Financial consequences
$29,464 – The average value of stolen
medical services, pharmaceuticals and products
47% of victims pay out of their own pockets to
restore their health insurance.
47%
Third Annual Survey on Medical Identity Theft
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11. A headache to resolve
“Only 10% of victims say they were able to
completely resolve the problem associated with
this identity theft crime.” – Dr. Larry Ponemon
Dr. Larry Ponemon
Third Annual Survey on Medical Identity Theft
11
12. Get your free copy of the study
Download the full study at
www.Experian.com/MedicalIDTheft
Third Annual Survey on Medical Identity Theft
12
Editor's Notes
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