A new report finds Eden Prairie-based UnitedHealth Group and two Blue Cross Blue Shield nonprofit insurers had the highest claim-denial rates among individual market health plans sold in 2023 on the federal government’s HealthCare.
Your medical data is not as safe as you think. Discover how a massive ransomware attack exposed millions and the key steps to protect your privacy now.
UnitedHealth Group Inc.'s $69 million class settlement over the Wells Fargo & Co. target date funds offered by its 401(k) plan received initial court approval.
UnitedHealth says that the 2024 breach of Change Healthcare impacted the data of 190 million people, up from the prior estimate of 100 million people.
The cyberattack at UnitedHealth Group's tech unit last year affected the personal information of 190 million people, the health conglomerate said on Friday, making it the largest healthcare data breach in the United States.
The financial fallout has been severe. Profits for the company dropped by over a third in 2024, falling from around $22.3 billion in 2023 to approximately $14.4 billion last year. The projected total cost of recovery and remediation efforts is estimated to be between $2.3 billion and $2.5 billion.
UnitedHealth Group reported $14.4 billion in 2024 profits as its UnitedHealthcare health insurance and Optum provider services overcame rising costs and a cyberattack.
UnitedHealth Group says the impact from the cyberattack last year at its Change Healthcare subsidiary is much wider than previously understood, affecting roughly 190 million patients — up from previou
A cyberattack on UnitedHealth Group Inc. that paralyzed the US health-care system last year, snarling billions of dollars in payments for doctors and hospitals, also exposed sensitive data from 190 million Americans.
Over half of the U.S. had private data stolen in a 2024 cyberattack at the insurance giant—far more than previous estimates.
All Minnesota locations are now closed as leaders at the Eden Prairie-based health care giant cite a strategy shift to full-service clinics.
The number of individuals confirmed to be affected by the data breach is almost double the company's previous estimate.