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
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
Julie you just abide buy today between the individual retailers in the retail Sales Numbers. They are showing different pictures of whats going on within the retail industry. Individual retail showing sales letter disappointing even as the overall number does beat estimates. Women mixed picture at the moment the major averages is the nasdaq is down thing but the dow imap is the the best technology group. Telecom and Consumer Staples shares are lower, however today. Retail, when youre looking at different times of retailers today, its an interesting story. Walmart and amazon, for example, we of walmart which is rising falling by 2 . But amazon is also down after her recent winning streak it had. Walmart reports its warnings next thursday its earnings next thursday to be head of that. First quarter comes could come in in line or below what analyst are estimating. Declining,se stocks investments and owners are falling in the session as well. Got disappointing numbers, not just today but o
A benchmark for credit markets source of world, as a safe investment. I hope as we have this discussion we can be candid about what we are talking about here. As we all know, if we do not raise the debt ceiling sometime soon, then at some point we will have disruptive consequences, because tax revenue is only 85 of all the money we are planning to spend, not 100 , and that means the other 15th percent 50 has got to be our it, and if not, then you have to make some decisions about what gets cut. That is disruptive, not where we want to go, and i hope the president will agree to actually address the underlying problems underlying problems that got us are so we can avoid it. Having said that, there is no circumstances under which we should ever tolerate choosing, willfully, to make sure that a missed payment would include a missed payment on the Treasury Security. Processing because of uniquely Important Role the treasury securities play. I was disappointed that the treasury secretary in
Look at the impact the fukushima accident is having on the forests and the consequences of not cleaning them up. Japanese Prime Minister shinzo abe is trying to make life easier for people affected by the 2011 Nuclear Accident in fukushima. He and his cabinet approved fresh guidelines to boost the reconstruction effort and help people settle in new communities if they need to. Translator the reconstruction of fukushima is essential for japans revitalization. More than 100,000 residents are still forced to live away from their homes because of the Nuclear Accident. Our mission is to help them get back their regular lives as soon as possible. The government plans to increase compensation for residents who want to rebuild or renovate their homes when evacuation orders are lifted. They can also receive payments for mental distress for one year after the orders expire. Those that cant return home and want to start a new life elsewhere will be able to get Financial Support to purchase homes.