Insurance coverage Business fined Huge for Breach

Why would an insurance company be fined for a information breach?

There was a security breach at Triple-S Salud, Inc. (TSS), which is a subsidiary of Triple-S Management GTS. The Puerto Rico Health Insurance Administration ideas on imposing a $ 6.8 million fine on TSS.

The breach concerned 13,336 of TSS’s Dual Eligible Medicare beneficiaries. The penalty includes suspending all new DEM enrollments and alerting enrollees of their correct to back out.

The PRHIA says that Triple-S failed to put into action all the needed measures in response to the security breach.

TSS sent out a pamphlet last September that unintentionally showed the Medicare Health Insurance coverage Claim Quantity of some of the recipients. This is a unique quantity that’s assigned by the Social Security Administration. It’s regarded as to be protected health information.

An investigation was carried out by TSS, and this subsidiary did report the incident to federal government companies and Puerto Rico. TSS complied with the PRHIA’s requests for details pertaining to the DEM beneficiaries. TSS also took additional measures, 1 of which was that of issuing an alert of the breach by means of neighborhood media all of the affected beneficiaries were notified by mail of the breach.

In the filing, Triple-S affirms that it will take the matter really critically and is “working to avoid this variety of incident from taking place again.” However, it’s presently not capable to assess the fiscal affect of the breach on TSS, nor can it estimate the sanctions’ affect.

Triple-S adds that a response is being ready by TSS to give to the PRHIA, and that TSS has a correct to make a request for an administration hearing.

Robert Siciliano is an Identity Theft Professional to AllClearID. He is the writer of 99 Factors You Wish You Knew Ahead of Your Identity Was Stolen See him knock’em dead in this identity theft prevention video. Disclosures.

Leave a Reply

Your email address will not be published. Required fields are marked *