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Transcripts For BLOOMBERG Bloomberg Markets Americas 20240713

The pound is trading up i about 0. 2 . Ultimately what the extra supply is going to do to the shape of the curve, but certainly, this is what many people have been anticipating would be delivered. Italy also announcing it is going to increase its fiscal stimulus to help the economy out , an economy that continues to remain largely in lockdown, along with the population. Lets get more on how Insurance Companies are dealing with what we are seeing at the moment. The u. K. s prudential is a Health Insurer and asset manager as well. Joining us now is mike wells, ceo of prudential plc. Good afternoon. How is the company being affected by what is happening . Todaywe Just Announced 2019 results, were you had a number of convergences occur. Earnings were up 20 . The majority of our markets in x hong kong come very strong and resilient. It is an indication of what youre seeing now, which is market by market, we still see doubledigit growth in Southeast Asian markets, and as we are sitting here

Transcripts For CSPAN UnitedHealth 20240703

This is two hours and 15 minutes. I ask all of her guests to please take their seats. The chair recognizes himself for five minutes of an opening statement. Todays hearing is about what is likely the most consequential cyber attack and healthcare history. How could Something Like this happen . How did consolidation and Health Insurance industry reach such a state that a single ransom or attack on one company crippled the flow of payments and claims for months. Change healthcare unitedhealth club subsidiary for the Cyber Security attack. Roughly 50 of claims a passthrough or touch changes clearinghouse providers have this much of the medical claims process the market share it makes them a large target for bad actors. Its even more sounding when you consider the attack itself reportedly compromise without multi factor authentication. I am concerned about patients who have been affected. Many patients were left left out of pocket for medication the pharmacy cannot process their claims or

Transcripts For CSPAN2 UnitedHealth 20240703

This is two hours and 15 minutes. I ask all of her guests to please take their seats. The chair recognizes himself for five minutes of an opening statement. Todays hearing is about what is likely the most consequential cyber attack and healthcare history. How could Something Like this happen . How did consolidation and Health Insurance industry reach such a state that a single ransom or attack on one company crippled the flow of payments and claims for months. Change healthcare unitedhealth club subsidiary for the Cyber Security attack. Roughly 50 of claims a passthrough or touch changes clearinghouse providers have this much of the medical claims process the market share it makes them a large target for bad actors. Its even more sounding when you consider the attack itself reportedly compromise without multi factor authentication. I am concerned about patients who have been affected. Many patients were left left out of pocket for medication the pharmacy cannot process their claims or

Transcripts For CSPAN2 UnitedHealth 20240703

When you are connected along these other television providers. Unitedhealth group ceo andrew testify for house lawmakers of a recent cyber attack on change healthcare. A subsidiary of the group that disrupted the payment and claims process for providers. He was asked about cooperation with the federal officials and the help he offered to those impacted by the cyber attack. This is two hours and 15 minutes. I ask all of her guests to please take their seats. The chair recognizes himself for five minutes of an opening statement. Todays hearing is about what is likely the most consequential cyber attack and healthcare history. How could Something Like this happen . How did consolidation and Health Insurance industry reach such a state that a single ransom or attack on one company crippled the flow of payments and claims for months. Change healthcare unitedhealth club subsidiary for the Cyber Security attack. Roughly 50 of claims a passthrough or touch changes clearinghouse providers have

Transcripts For CSPAN3 UnitedHealth 20240703

And history across america . We will take you live do a house subcommittee hearing on Cyber Attacks that have affected Healthcare Systems and we will hear from the ceo of United Health group which experienced a cyber attack. It will now come to order in the chair recognizes himself for a fiveminute Opening Statement in todays hearing is about what likely is the most consequential cyber attack and healthcare history and how could Something Like this happen . How did consolidation in a Health Insurance industry reach such a state that a single Ransomware Attack on one company crippled the flow of payments and claims for months and it was subject to the Cyber Security attack and it operates the largest electronic data interchange clearinghouse in the nation with 50 of u. S. Medical claims passthrough or touch this making it an essential link between providers and insurers and a Single Company having this much medical claims Processing Market share makes them a large target for bad actors

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