Business / Companies
Cimas ups security after losing $2m in fraudulent claims
12 Aug 2015 at 07:23hrs | Views
The country's second biggest medical aid society, Cimas, has tightened its security following the loss of a $1, 2 million in fraudulent claims in the first quarter of 2015, the company has said.
In a statement, Cimas said its upgraded online drug payment facility would incorporate a one-time PIN (OTP) system to make it more secure and less susceptible to fraud.
Cimas Medical Aid Division managing director Roderick Takawira said the society hoped to be able to introduce the upgraded online system within the next few months after installing the necessary software and fully testing it.
The facility enables pharmacists to obtain online approval for drug purchases by Cimas members and submit the members' claims online.
Source - newsday
