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Anthem Inc

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  • NEW YORK, Feb 24- Health insurer Anthem Inc, which earlier this month reported that it was hit by a massive cyberbreach, said on Tuesday that 8.8 million to 18.8 million people who were members of other Blue Cross Blue Shield plans could be victims in the attack. Anthem, the second-largest U.S. health insurer, is part of a national network of independently run Blue...

  • Feb 24- Health insurer Anthem Inc, which earlier this month reported that it was hit by a massive cyberbreach, said on Tuesday that 8.8 million to 18.8 million people who were not its customers could be victims in the attack. Anthem, the country's second-largest health insurer, is part of a national network of independently run Blue Cross Blue Shield plans through...

  • Feb 23- Humana Inc said on Monday that the U.S. government's proposed payments to insurers that sell Medicare Advantage health plans would mean a 1.25 percent to 1.75 percent cut for the managed care company in 2016.. That is a steeper drop than the 0.95 percent figure the government proposed for the industry on Friday, but was still within expectations, analysts...

  • HARTFORD, Conn.— Some Connecticut taxpayers might receive income tax refunds a few weeks later than expected as state revenue officials verify that fraudulent returns are not being submitted. Kevin Sullivan, commissioner of the Department of Revenue Services, said the agency has narrowed questionable refunds to less than 1 percent of those requested.

  • Analysts see Cyber security companies FireEye Inc and CyberArk Software Ltd benefiting from increased spending on security. While the sector as a whole is doing well, recent strong quarterly results by both FireEye and CyberArk is helping drive their shares higher, said Jim Smith, options strategist at OTR Global. Israel- based CyberArk's U.S.-listed shares...

  • Simply Healthcare offers Medicare and Medicaid plans in 60 Florida counties. It has 177,000 customers for Medicaid, the state-federal program that covers the poor and disabled people. In late 2012, it completed a $4.46 billion acquisition of Amerigroup Corp., which runs Medicaid coverage in several states.

  • Cyberattacks an 'existential threat,' says VC Friday, 13 Feb 2015 | 1:59 PM ET

    Despite recent high-profile attacks, not enough is being done to protect systems from hackers, venture capitalist Venky Ganesan warned.

  • SAN FRANCISCO, Feb 13- President Barack Obama will meet with chief executive officers on Friday at a summit in Silicon Valley held by the White House that aims to build support for beefing up cybersecurity laws in the wake of massive hacks at Target Corp, Sony Corp and Anthem Inc. "By getting this right, businesses and people around the world will continue to want to...

  • Obama to urge firms to share cyberthreat data Friday, 13 Feb 2015 | 6:58 AM ET
    President Barack Obama speaking at the White House, February 11, 2015.

    President Obama is set to sign an executive order aimed at encouraging companies to share information about cybersecurity threats with the government.

  • SAN FRANCISCO/ WASHINGTON, Feb 12- President Barack Obama is set to sign an executive order on Friday aimed at encouraging companies to share more information about cybersecurity threats with the government and each other, a response to attacks like that on Sony Entertainment. Obama will sign the order at a day-long conference on cybersecurity at Stanford...

  • It's depressing, "said fraud expert Avivah Litan, vice president and analyst for Gartner Research. The Federal Bureau of Investigation is investigating how fraudulent returns were filed in 19 states through TurboTax software, the Wall Street Journal reported on Wednesday. Social Security numbers, answers to security challenge questions and other private...

  • SAN FRANCISCO, Feb 12- President Barack Obama is expected to announce an executive order directing the government and companies to share more information about cybersecurity threats in response to attacks like that on Sony Entertainment. As in other policy areas where Obama has been unable to get legislation through the now Republican-controlled...

  • Feb 12- Cybersecurity company FireEye Inc's quarterly revenue beat market estimates as governments and businesses ramped up spending to protect their networks from increasingly sophisticated attacks. FireEye shares were up 7.2 percent at $38.26 in extended trading on Wednesday. FireEye was hired by No.2 U.S. insurer Anthem Inc last week when hackers...

  • Feb 11- Cybersecurity company FireEye Inc's quarterly revenue and profit beat market estimates as governments and businesses ramped up spending to protect their networks from increasingly sophisticated attacks. FireEye shares were up 7.2 percent at $38.26 in extended trading on Wednesday. FireEye was hired by No.2 U.S. insurer Anthem Inc last week when...

  • COLUMN-Why identity thieves are targeting your tax return Wednesday, 11 Feb 2015 | 4:49 PM ET

    It's depressing, "said fraud expert Avivah Litan, vice president and analyst for Gartner Research. The Federal Bureau of Investigation is investigating how fraudulent returns were filed in 19 states through TurboTax software, the Wall Street Journal reported on Wednesday. Social Security numbers, answers to security challenge questions and other private...

  • Anthem offers free identity-theft protection after breach Wednesday, 11 Feb 2015 | 4:35 PM ET

    Feb 11- Anthem Inc said on Wednesday its millions of customers can sign up for free credit monitoring and identity-theft protection services this week following a massive cyber attack involving stolen U.S. Social Security numbers, birth dates and sensitive health information. Connecticut Attorney General George Jepsen said he was pleased with Anthem's...

  • Tax-refund fraud to hit $21B, little IRS can do Wednesday, 11 Feb 2015 | 3:02 PM ET
    The IRS building in Washington, D.C.

    Tax-refund fraud is expected to soar this season, and hit a whopping $21 billion by 2016, from just $6.5 billion two years ago, according to the IRS.

  • NEW YORK/ BOSTON, Feb 11- Security experts are warning healthcare and insurance companies that 2015 will be the "Year of the Healthcare Hack," as cybercriminals are increasingly attracted to troves of personal information held by U.S. insurers and hospitals that command high prices on the underground market. "People feel that this will be the year of medical...

  • Insurers are benefiting from increased number of patients, aided by an expansion of Medicaid, a federal health insurance program for lower-income people that is administered by the states, under Obamacare. WellCare members under the Medicaid health plans increased 31 percent to 2.3 million in the fourth quarter ended Dec. 31, helped by additions in Florida,...

  • BOSTON, Feb 10- Ten U.S. states have sent a letter to Anthem Inc complaining that the company has been too slow in notifying consumers that they were victims of a massive data breach disclosed last week. "The delay in notifying those impacted is unreasonable and is causing unnecessary added worry to an already concerned population of Anthem customers," said the...