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Lawsuit Accuses JPMorgan Of Exposing Social Security Numbers

Friday, September 20, 2013 - 8:20 PM
From Reuters via Yahoo Finance: 
JPMorgan Chase & Co has been hit with a proposed class action lawsuit accusing it of printing Social Security numbers on the outsides of form letters mailed to customers to tell them about the bank's efforts to protect their private information.

Filed on Thursday in federal court in Chicago, the lawsuit accused the largest bank in the United States of violating federal and state laws and subjecting its customers to increased risk of identity theft.

Read more

(Shakes head) - do they even see the irony here? 
7
pearlbrownpearlbrown1,430 posts since
Nov 2, 2010
Rep Points: 6,246
1. Friday, September 20, 2013 - 9:02 PM
It just gets shrugged-off, as with all the other law suits against them, and investors bid their share price up. Business as usual.
4
ShorebreakShorebreak2,602 posts since
Apr 6, 2010
Rep Points: 14,082
2. Friday, September 20, 2013 - 9:23 PM
I happen to be a Chase customer and I assure you if I ever got such a mailing I would not shruge it off!  I have battled with Chase for years and recently reported my local bank manager to his district manager for actions I felt were very irresponsible concerning myself.  This bank's corporate CEO's must be run by Mickey Mouse!  I'm looking forward to getting away from them as soon as my CDs mature.  Their bank tellers are the only thing good about that bank and I will miss them but I am tired of the ongoing problems.  I am not one bit surprised that they would be doing this with social security numbers.  Makes me wonder what else is going on with my personal info that I don't know about. 
2
paoli2paoli21,365 posts since
Aug 10, 2011
Rep Points: 5,983
3. Saturday, September 21, 2013 - 7:27 AM
No social security number should be on ANY mailing. I will be happy when our Medicare cards no longer use the SS on the card. Too many people see this. There is no difference. 

Also any savings statement, checking statement, credit card statement, HE line of credit statement should not have the account number on any mailing.  The last 4 numbers are enough to be on the statement. 

I think it could be dangerous also for our 1099 interest statements for our income tax filings to have our SS numbers, account numbers on those mailings. 
4
Ally6770Ally6770909 posts since
Jan 16, 2010
Rep Points: 2,640
4. Saturday, September 21, 2013 - 8:36 AM
 Does anyone know why we have to give our social security numbers to our doctor offices?.  I am seeing a new physician this week and printed the forms off of the internet.  I notice they not only ask for "my" SS number but the spouse's also.  I automatically wrote them in but last night after reading these posts, I whitened them out.  If they insist on them I will have to rewrite them but since my Medicare Advantage Plan is supposed to be paying them, why would they need the SS numbers in the first place? Does anyone know?  Thanks. 

BTW, we found out a couple in our family is undergoing an identity theft and they say it is the hardest thing they have ever been through.  They also have no idea how their identities could have been stolen since they were always very careful to try to protect theirselves.  It seems you can never be "too" careful with identity info.  This is another reason I now am more concerned about why doctors need it.
2
paoli2paoli21,365 posts since
Aug 10, 2011
Rep Points: 5,983
5. Saturday, September 21, 2013 - 8:40 AM
Ref. link:

http://www.depositaccounts.com/fo...number.htm

"I once asked a doctor why he wanted it. His response: “I don’t really know. I guess it’s because we’ve always asked for it.” (In actuality, most doctors ask in case your insurance doesn’t pay the entire invoice and/or to fill out a death certificate if you die. Offer a next of kin who knows the number instead, and your phone number for billing issues.)"
2
51hh51hh1,476 posts since
Jan 16, 2010
Rep Points: 6,425
6. Saturday, September 21, 2013 - 8:46 AM
Medicare Advantage has a co-pay and does not pay 100% for every proceedure. I do not like giving the SS number either because too many people throug out this process has access to the numbers. Congress has for years delayed using an alternative to SS numbers for medical purposes and on the Medicare cards. It is too expensive they say. So in the meantime there is identity theft. 

But there was a posting in this blog of a new bot that was discovered and it has attatched itself to computers that use windows. 
1
Ally6770Ally6770909 posts since
Jan 16, 2010
Rep Points: 2,640
7. Saturday, September 21, 2013 - 9:12 AM
#6  I mentioned my Medicare Advantage Plan, for the sole purpose to make it understood that we don't have to use our Medicare card whenever we get medical care.  Thusly, the Advantage card is a help with identity theft since no one gets to see our SS number as per the Medicare card.  I thought it was understood by all who have an Advantage Plan that I was still responsible for my office copay and it does not pay 100% for all charges.  Considering the cost of other more expensive Supplements, it still saves us quite a bit of money on our medical bills and we get to keep our SS number secure.  I do not know how Supplements work with the SS number.
1
paoli2paoli21,365 posts since
Aug 10, 2011
Rep Points: 5,983
8. Saturday, September 21, 2013 - 9:33 AM
My supplement does not use the SS number because one of the trustees on our plan fought to have the SS number taken off the card quite a few years ago. Because it is a supplement I still have to show the Medicare card because  they are primary and that card has my SS on the Medicare card. 
1
Ally6770Ally6770909 posts since
Jan 16, 2010
Rep Points: 2,640
9. Saturday, September 21, 2013 - 10:11 AM
#8  That is another advantage of our Advantage Plan.  It is primary and we never have to show the Medicare card.  I did not know Medicare was primary with a Supplement.  Whatever works best for us.
2
paoli2paoli21,365 posts since
Aug 10, 2011
Rep Points: 5,983
10. Saturday, September 21, 2013 - 10:18 AM
A supplement pays the 20% on the medical proceedures that the Medicare plan does not pay. They also in some cases pay things that Medicare does not cover. Medicare pays for any doctor not just certain doctors. With Medicare you do not have to have a referral to go to a specialist. The Medicare fund pays the insurance companies over $1000 a month for each Medicare Advantage plan. Nothing is given to the supplement plans. When you have a Medicare Advantage plan you cannot have a supplement. You cannot see any doctor you want to go to. If the Medicare Advantage plan does not pay you are responsible for the bill. 
1
Ally6770Ally6770909 posts since
Jan 16, 2010
Rep Points: 2,640
11. Saturday, September 21, 2013 - 10:44 AM
#10:  We have been over this in our PMs, and I don't think this is the place to promote one plan over the other.  However, you are not stating the Advantage Plan correctly.  You are correct only if you get an HMO Advantage Plan.  We do not use HMOs, we have the PPO only and can choose any doctor we want without a referral.  What you posted is misleading.  Our Plan also pays for things Medicare does not cover. 

Ask yourself "why" the government is willing to pay these companies and not the supplemental plans.  Maybe because the premiums are so high on your plan "you" are paying for everything.  We have used Advantage plans in this state and our former since we first got on Medicare and have had very little extras to pay for once we pay our small copay to the doctors or hospital.  We have always seen whatever doctor we want because the choice they give us of in-network providers is excellent.  We can also pay a pitance more for an out-of-network doctor but we have never had to go out of network.  The Advantage Plan works for "us" and saves us thousands of dollars in premiums.  If it is not what you prefere, that is fine but please don't downplay it since many others may not be able to afford your expensive Supplemental premiums and not realize what a good deal the Advantage Plans are by your misleading post.
2
paoli2paoli21,365 posts since
Aug 10, 2011
Rep Points: 5,983
12. Saturday, September 21, 2013 - 10:56 AM
Here is what a PPO is---A preferred provider organization (PPO) is a health plan that has contracts with a network of "preferred" providers from which you can choose. You do not need to select a PCP and you do not need referrals to see other providers in the network.

If you receive your care from a doctor in the preferred network you will only be responsible for your annual deductable (a feature of some PPOs) and a copayment for your visit. If you get health services from a doctor or hospital that is not in the preferred network (known as going "out-of-network") you will pay a higher amount. 

MEDICARE HAS NO "OUT OF NETWORK."
1
Ally6770Ally6770909 posts since
Jan 16, 2010
Rep Points: 2,640
13. Saturday, September 21, 2013 - 11:56 AM
What Annual Deductible??  I have never had to pay an annual deductible with any of our plans.  Maybe you are looking at certain PPO plans that may have one but they may be for "out of Network" use.  I told you I don't do the Out of Network thingee.  I KNOW how to save money and how to use our plan to get the best Advantage out of it.  Can we get back to posting about the end of the world financially or something more appropo to DA?   

What do I care what kind of plan others have?  I just don't appreciate your trying to mislead readers because you obviously have a thing about preferring your Supplemental Plan.  Go in Peace and live happily with your Supplemental Plan while you waste thousands of dollars you don't have to spend if you had an Advantage Plan.     Have a nice day and please change the subject.  My head may be dented but it still is as hard as yours.  :)
1
paoli2paoli21,365 posts since
Aug 10, 2011
Rep Points: 5,983
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