Democrat Senate Minority Leader Chuck Schumer unveiled a new plan on Thursday to extend enhanced Obamacare premium subsidies for three years without reforms, aiming to prevent premium spikes for about 24 million enrollees starting January 1, 2026.
Read More Schumer unveils new proposal to extend expiring Obamacare subsidies amid GOP criticism: ‘It’s a complete failure’
Aflac disclosed a cybersecurity incident in which personal information of its customers may have been compromised.
Read More Insurer Aflac investigating possible data breach after attack on US network
UnitedHealth Group shares plunged 16% to hit a five-year low after the Wall Street Journal reported that the DOJ was investigating the company for potential Medicare fraud.
Read More UnitedHealth tumbles as criminal probe report adds to investor fears
UnitedHealth Group Inc. CEO Andrew Witty is stepping down from his role, effective immediately, citing “personal reasons” — according to a company announcement that was made on Tuesday.
Read More UnitedHealth Group CEO Resigns Abruptly, Fmr Chief Returns Amid ‘Leadership Shakeup’
New York has alleged that the National General unit of Allstate (ALL.N) failed to disclose a major data breach, exposing customers’ driver license numbers. The state’s attorney general also argued that Allstate had not developed reasonable safeguards to protect drivers’ private information.
Read More State Of New York Sues Allstate For Allegedly Not Disclosing Data Breach Of 165K New Yorkers
President Donald Trump has signed an executive order to expand access to in vitro fertilization and reduce the costs.
Read More Trump Signs Executive Order To Expand IVF Access, Reduce Cost