Several Blue Cross Blue Shield health insurance plans, including those in Michigan, North Carolina and Pennsylvania, have said there is insufficient evidence of Aduhelm’s benefit for patients and they will not provide coverage for the drug.
Biogen said in a statement that the several Blues plans’ “characterization of Aduhelm as experimental and investigational is inaccurate and misleading.”

Welfare fraud and errors cost UK a record 8 bln pounds during pandemic

Jul 16, 2021

The government had to deal with an increased risk from organised crime since the start of the pandemic, the NAO said. Fraudsters hijacked people’s identities in order to make fictitious claims with payments routed into bank accounts they could access, the watchdog said.

U.S. launches online hub to help ransomware victims

Jul 16, 2021

The new website, www.StopRansomware.gov, is an initiative led by the Justice and Homeland Security departments.
The launch of the new website and the $10 million reward come on the heels of a ransomware attack earlier this year against the Colonial Pipeline Co. that led to widespread shortages at gas stations along the East Coast of the United States. The Justice Department was later able to help Colonial Pipeline recover some $2.3 million in cryptocurrency ransom it paid to hackers.

About $350 million in ransom was paid to cyber criminals in 2020, a more than 300% increase from the previous year, the department said.

Floods leave at least 108 dead in Europe

Jul 16, 2021

Joerg Asmussen, managing director of the German Insurance Association (GDV), said the prevalence of storms, floods, heavy rain and hail in Germany this year could make it one of the most damaging since 2013.

Heavy rain and hail in June caused an estimated insurance loss of 1.7 billion euros ($2 billion), he said by email.

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