Financial services

Consumers still shocked by unexpected medical bills, despite new law

Consumers still shocked by unexpected medical bills, despite new law

The no-surprises law, billed as protecting patients from surprise medical bills, went into effect on New Year’s Day 2022. But did the federal law actually reduce health care costs to rates out-of-network charges, as well as certain forms of invoicing” for the part of the supplier’s costs not covered by insurance? The provisional assessment of …

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How a '529 Solution' Can Give Gig Workers Health Care and Retirement Benefits and Boost the U.S. Economy

How a ‘529 Solution’ Can Give Gig Workers Health Care and Retirement Benefits and Boost the U.S. Economy

American workers are increasingly combining multiple sources of income, moving from job to job, building businesses, and seeking more independence and control over their time. Changes to worker benefits must keep pace to ensure that all workers can access the essential support benefits provided. The US benefits system is largely tied to the traditional employer-employee …

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Australia blames Russians for health insurance data theft

Australia blames Russians for health insurance data theft

CANBERRA, Australia — Moscow must be held accountable for Russian cybercriminals accused of hacking into Australia’s largest health insurer and dumping its customers’ personal medical records on the dark web, Australian officials said on Friday. The Australian Federal Police have taken the unusual step of assigning responsibility for the unsolved cybercrime that resulted in the …

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