Insurers Are Starting to Complain About the Number of Breach Policy Claims - Melamedia Seminar

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Audio seminar examines the nuts and bolts of covering the costs of health data breaches

The cost of reporting and mitigating health data breaches has shifted the issue from one of technical compliance to core business operations. With breaches expected to become more common, attention necessarily focuses on how to respond in the most affordable and effective way.

Decisions really cannot wait.

The cost of breaches involving more than 500 records can be substantial. While the expense can run into the millions, even a relatively small breach can cost a healthcare organization hundreds of thousands of dollars. That's not even counting the reputational harm and the potential to catch the eye of regulators for an extended period of time.

Risk management in this area is still murky for many, but insurers are starting to offer programs that can help healthcare organizations control that cost. But there are strings attached, and there is nothing that totally insulates an entity from exposure.

Moreover, some business insurers are already starting to worry that their clients are reporting too many claims related to breach notification.

At the same time, some healthcare organizations also have started negotiations to refine and clarify the terms of what is covered and when coverage kicks in.

With that in mind, Melamedia, LLC, publishers of Health Information Privacy/Security Alert, is sponsoring a 90-minute audio seminar focused on the negotiation between business insurers and healthcare entities:

The Nuts & Bolts of Covering the Costs of Health Data Breaches.

When

Monday, May 24 2010
1 pm - 2:30 pm Eastern

Participants Will Be Briefed On:

  • What insurers are now looking at when conducting due diligence for organizations seeking coverage
  • How insurers view your risk profile to offer coverage and set premiums
  • Tools to insulate yourself from Business Associate breaches
  • Where insurance may help you deal with rogue employees and snooping
  • What issues healthcare organizations are finding the most important to negotiate
  • What you can still expect to pay in the event of a breach after insurance kicks in

And much more

Who Should Listen

  • Privacy & Security Officers
  • Healthcare CFOs
  • Health Risk Management Professionals
  • Healthcare Compliance Professionals
  • Healthcare Fraud & Abuse Professionals
  • Hospital Executives
  • HIM Professionals
  • HIT Professionals
  • Business Associates
  • Healthcare Providers
  • Healthcare Insurers
  • Healthcare Administrators
  • Research Administrators
  • Third Party Administrators
  • Healthcare Attorneys And Consultants
  • Employment Attorneys and Consultants
  • State And Local Risk Management Officials

The Faculty

Eric Dieterich is a Director with Sunera and leader of it global data privacy practice. Eric has successfully developed and implemented privacy programs for leading multi-national organizations, in their efforts to become compliant with local and international data privacy laws. Eric has also performed IT risk assessments, strategic business assessments, and audits for organizations across various industries. Eric is a Certified Information Privacy Professional (CIPP), Certified Information Systems Auditor (CISA), and a Qualified Security Assessor (QSA).

Dr. Patricia Wagner is an attorney with Epstein Becker & Green's Health Care and Life Science practice, where her practice focuses on HIPAA and a variety of other federal and state regulatory issues. Ms. Wagner also received her doctorate in microbiology and has worked for a number of research institutions, including the CDC

Dennis Melamed is editor and publisher of Health Information Privacy/Security Alert. He also is an adjunct professor at the Drexel College of Medicine, where he teaches courses on patient data stewardship and current issues pharmaceutical regulation. He also provides strategic consulting on data stewardship issues and served as a consultant for the National Governors Association on issues related to the interstate flow of patient information.

Continuing Education Credits

All seminar participants will receive a certificate of participation
1.5 IAPP Credits

To Register and for More Information

Visit http://www.melamedia.com

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DENNIS MELAMED

(703) 704-5665
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