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A new high-tech solution aims to save money at the pharmacy amidst high inflation, as healthcare data breaches reached a record high in 2024, affecting over half of the U.S. population. Two major breaches at Change Healthcare and Kaiser Foundation Health Plan exposed millions of individuals’ data, leading to chaos in claims processing and healthcare services. The consequences of medical identity theft, including incorrect records and financial repercussions, can be significant, with many patients considering switching providers after a breach.
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