The Australian health insurance company Medibank is facing a financial abyss with an estimated bill up to $126 million thanks to a major 2022 data breach. The firm has already spent $86.2 million and costs are predicted to increase dramatically by 2025, including substantial expenditures on IT security enhancements and litigation resulting from the breach. Surprisingly, Medibank’s customer rates have returned to pre-breach levels.

Could Trump do for Branded Expensive Drugs What He Just Did for GLP-1s?
The Trump administration’s new deal lowers prices and expands access to GLP-1 drugs, but experts argue far broader reforms are needed to address high prescription

