The division of UnitedHealth Group that transmits claims, Change Healthcare, was the subject of a ransomware attack, delaying payments for prescriptions, doctors, and everything else.
The company performs 15 billion transactions per year, so the consequences of UnitedHealth ignoring adequate cybersecurity is proving disastrous.
The cyberattack is such a big deal that the Senate Finance Committee next week is holding a hearing on the subject, where they will hold the feet of UnitedHealth CEO Andrew Witty to the fire.
The most obvious question to ask is, "How can you not afford decent cybersecurity?" UnitedHealth has been raking in record profits thanks to Obamacare.
One of the reasons UnitedHealth pulls in its record profits is because it rations care.
Insurance monopolies like UnitedHealth are increasingly trying to control every step of patient care, and technology is making that easy for them.
Free market policy advocacy group American Commitment President Phil Kerpen wrote, "Under the IRA insurers like UnitedHealth are in line for a financial windfall with super-sized subsidies for Obamacare policies and government price controls dictating pricing of many medicines."
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