Millions Eligible for Cash Payouts After Labcorp Settlement Claims Breach 'Extends Beyond Initial Breach'
Millions of Americans affected by the Labcorp-AMCA data breach may receive cash payouts from a $35 million settlement, with claims due by September 3.Summary
Millions of Americans whose medical data was handled by Labcorp through the debt collection agency American Medical Collection Agency (AMCA) between August 2018 and March 2019 may be eligible for cash payouts from a $35 million class action settlement. The breach, which exposed personal and health information of up to 7.7 million patients, led to lawsuits alleging Labcorp failed to safeguard patient data. Although Labcorp denies wrongdoing, it agreed to the settlement to avoid prolonged litigation. Eligible individuals can file claims by September 3 for alternative cash payments estimated at around $50 per person, reimbursement for documented out-of-pocket losses up to $5,000, compensation for up to 10 hours of lost time at $25 per hour, and up to two years of medical monitoring. The final approval hearing is scheduled for August 20, with payments expected to follow after claims processing and resolution of any appeals.
(Source：International Business Times)