John Commins reports:
Anthem Inc. faces hefty costs to repair the massive security breach that may have compromised the personal records of 80 million people. The extent of that liability could depend upon what safeguards the health plan had in place, and how it responds to the concerns of customers and federal regulators, industry observers say.
Given that this is the largest breach of healthcare sector data in U.S. history, Anthem potentially could face record-busting fines for violating the Health Insurance Portability and Accountability Act.
Or not, says Chris Apgar, CEO of Apgar & Associates, Portland, OR-based, healthcare data security consultants.
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