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11 Charged In $6.8 Million Insurance Fraud Case Involving Addiction Treatment Operations

The owner and an employee of a Fountain Valley-based treatment facility, along with five doctors and four so-called body brokers, have been arrested and charged in what authorities say was a scheme to fraudulently bill insurance companies millions of dollars for experimental, unnecessary and potentially harmful surgeries on recovering addicts, the Orange County district attorney’s office announced Wednesday.
September 27, 2018 Fraud Life & Health

The Institutes RiskBlock™ Alliance And LIMRA Announce First Blockchain Use Case For Life Insurance And Annuity Sector

The Institutes’ RiskBlock Alliance and LIMRA have announced the first blockchain use case for the insurance consortia’s newly formed life and annuity sector. The application, Mortality Monitor, will leverage Social Security data, other data sources and policyholder records to provide real-time notification to members of the death of life insurance and annuity policyholders.
September 20, 2018 Life & Health Technology


Who Should Provide Indemnity For IoT Medical Devices?

Healthcare organizations are extremely vulnerable to cyber threats because of the valuable nature of the data they collect. Cyber criminals can generate more profit selling static healthcare information on the dark web that they can selling payment card information because the window of opportunity (before fraud is flagged and details are changed) is often much greater.