Privacy bill could have sweeping impact on insurers, providers

A far-reaching new privacy bill could have major implications for how health care providers, insurance companies and third parties handle and utilize sensitive data.” Although “not specific to the health care industry,” the bipartisan American Privacy Rights Act of 2024 contains “a number of” proposed policies that “would impact how health care companies do business.” The proposal “includes an array of provisions that range from raising cybersecurity standards to allowing people to opt out of algorithms that could be used to make medical decisions.”