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Employee Benefits

Congressional hearing addresses risks of health care giants' consolidation

April 18, 2024 Reprints

During the first congressional hearing on the Change Healthcare hack, lawmakers expressed concern over the risks posed by the consolidation of health care giants like UnitedHealth Group Inc., Axios reported. Lawmakers at the April 16 hearing suggested support for measures to limit vertical mergers that expand companies' reach in the health care system.

1. UnitedHealth reports significant data breach; personal health info compromised
2. Illinois House passes governor’s 'Healthcare Protection Act’
3. UnitedHealth faces scrutiny over size, operations, and cyberattack
4. Walmart to shut down health clinics due to unprofitability
5. Analyst says Cigna, Humana share prices could put merger back on the table
6. UnitedHealth to close Optum Virtual Care amid telehealth decline

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Congressional hearing addresses risks of health care giants' consolidation

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