DataPath partners with Mastercard and HealthLock to help protect against healthcare fraud and billing errors

July 19, 2023 | PRNewswire | Source: https://www.prnewswire.com/news-releases/datapath-partners-with-mastercard-and-healthlock-to-help-protect-against-healthcare-fraud-and-billing-errors-301880915.html

Partnership with Mastercard unlocks HealthLock services to all users of DataPath benefits debit cards

 

LITTLE ROCK, AR – July 19, 2023 – DataPath, a leading provider of technology and growth services for third-party administrators, has partnered with Mastercard and HealthLock to help consumers protect against medical bill fraud, claim errors, and overcharges.

DataPath HSA and FSA Mastercard cardholders that enroll in the HealthLock service can monitor and receive an automatic analysis of their medical claims, potentially reducing medical costs and preventing insurance claim rejections by identifying claim errors, overcharges, and potentially fraudulent bills.

The partnership with Mastercard and HealthLock will initially open the no-fee, core HealthLock breach alert and fraud remediation service to all enrolled users of DataPath debit cards, including the Summit card, mySourceCard®, and COMPASS™ card. Users will also receive a 90-day free trial of HealthLock’s premium claim auditing services and exclusive Mastercard subscription rates.

Medical overbilling, abuse, and fraud cost Americans an estimated $325 billion annually1 . More than half of medical bills contain errors. In 2022, there were more than 59 million cases of health record breaches and subsequent malicious activity, an increase of nearly 50% over the 40 million in 2020.

“We have always focused on providing our clients and their customers with effective tools for healthcare benefits administration and associated claims,” said John J. Robbins, Jr., DataPath president and CEO. “This partnership with Mastercard and HealthLock provides cardholders with a secure, accurate method of reducing costs related to fraudulent billings, overcharges, and claims errors,” he said.

Branded educational and promotional materials for the HealthLock service are available to DataPath’s TPA clients through their partner marketing portal. Current DataPath cardholders can receive more information and enroll in the HealthLock service by visiting healthlock.com/mcdp.

Media Contacts:

Kate Brashear, Aker Ink PR & Marketing, (HealthLock)
(480) 330 – 0872
katie.brashear@akerink.com


Melissa Howard, Marketing Works (DataPath)

(704) 604 – 2714
melissa@marketingworks360.com

 

1. JAMA Network. “Waste in the US Health Care System Estimated Costs and Potential for Savings.” 2019

 

About DataPath, Inc. dpath.com
DataPath has been a full-service TPA solutions provider for nearly four decades. The company’s cloud-based Summit platform is the employee benefits industry’s first all-in-one solution for CDH, HSA, Well-Being, COBRA, and Billing administration.

About HealthLock healthlock.com
HealthLock is a healthcare technology company passionate about restoring consumer healthcare privacy, control, and savings. Through analytics-driven technology and a team of passionate professionals, HealthLock helps protect against medical fraud and privacy intrusions, organizes and audits insurance claims and medical bills, and helps members fight against errors and overbilling. Over the last 10 years, HealthLock technology has audited over half a billion dollars in medical claims and helped its members save over $130 million.