Healthcare News Recap 11/1/24

Healthcare News Recap 11/1/24


100 Million People Confirmed to be Hacked Earlier This Year

  • UnitedHealth Group has officially revealed that a staggering 100 million individuals were impacted by the significant cyberattack on Change Healthcare that occurred earlier this year.
  • During a hearing in May, CEO Andrew Witty informed legislators that while the company was still finalizing its data analysis, he estimated that approximately one-third of Americans were affected by the data breach.
  • In February, Change's systems were compromised by actors linked to the BlackCat or ALPHV ransomware group, who utilized stolen credentials on a server lacking two-factor authentication. The hackers then extracted a large volume of data before implementing the ransomware.
  • Although UnitedHealth submitted the breach notification in July, the final numbers regarding those affected are being disclosed only now.


Aetna Introduces New Insurance Plan, "SimplePay"

  • Aetna has introduced SimplePay Health, a new insurance plan designed to enhance simplicity and transparency for its members. SimplePay plans feature no deductibles or co-insurance, and patients receive combined, easy-to-read billing statements similar to those used for credit card bills.
  • Additionally, members can anticipate their costs before medical appointments, enabling them to schedule visits with high-quality providers more easily.
  • In its initial data, SimplePay Health has successfully achieved a 60% rise in the utilization of high-quality providers while also generating a 12% reduction in the overall cost of care for both members and plan sponsors.



CVS Health to Provide In-Network Primary Care Services

  • CVS Health is set to provide in-network primary care services to Aetna members in selected markets via its MinuteClinics.
  • These services will be accessible to specific individual plan and commercial members in Houston, San Antonio, and the greater Atlanta area, with plans for future expansion.
  • There are approximately 1,100 MinuteClinics nationwide, situated within CVS pharmacies, offering walk-in retail health care.

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