The Actual News

Just the Facts, from multiple news sources.

Labcorp Paying Out $35M in Settlement: Who’s Eligible

Labcorp Paying Out $35M in Settlement: Who’s Eligible

Summary

Labcorp has agreed to pay $35 million to settle a lawsuit over a 2018-2019 data breach at its billing vendor AMCA, which exposed personal and medical information of about 7.7 million patients. People affected by the breach can file a claim for compensation before September 3.

Key Facts

  • The breach occurred at AMCA, a company handling Labcorp’s billing and collections.
  • Sensitive patient information, including Social Security numbers and health details, was exposed.
  • Approximately 7.7 million Labcorp patients’ data were potentially compromised.
  • Labcorp denied wrongdoing but settled the claims to avoid further legal disputes.
  • The settlement offers cash compensation and free credit monitoring services.
  • Labcorp performs over 750 million medical tests annually and operates nearly 2,200 service centers.
  • People who had Labcorp accounts managed by AMCA from August 2018 to March 2019 may be eligible.
  • Claims must be submitted by September 3 to qualify for compensation.
Read the Full Article

This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.