NJ | The New Jersey Department of Banking and Insurance has issued Bulletin No. 24-04.
On February 21, 2024, Change Healthcare experienced a nationwide network interruption related to a cybersecurity issue. As a result, many providers are unable to receive timely reimbursements, request preauthorization, engage in concurrent or retrospective reviews, and verify an insured’s eligibility for coverage.
Carriers and pharmacy benefits managers are advised to work with providers to develop solutions to address these issues.