Fraud prevention has become a hot button topic in recent years with the increase of items such as Apple Pay, Venmo and online banking. However, other industries find this subject relevant, including healthcare, in this case, Medicare.
The government currently loses $60 billion each year due to misuse of Medicare funds, including fraud. With so much money at stake and the proper technology now available, the Medicare Common Access Card Act of 2015 was proposed last July.
The bill is to be reviewed and then sent to the House or Senate. The goal is to establish a card pilot program. The current Medicare cards display private information such as social security numbers. According to Re: ID Magazine, the new ones would not display this information. The new Medicare cards will be machine readable and fraud resistant; there will be a circuit chip with a secure microcontroller according to gov.track.us. Those who qualify for the pilot program will be people whose identity has been breached in the past. The sponsor for this bill is Peter Roskam, Representative for Illinois’s 6th congressional district. The pilot program will be under the title “XVIII (Medicare) of the Social Security Act.” The Centers for Medicare & Medicaid must report their findings within 2 years.
While it appears as though the U.S. government is taking a step in the right direction in terms of fraud prevention and identity maintenance, it will be quite a while if and when such a card is created. For more information on the ID industry, click here.