Air Methods, a leading air medical transportation company in the U.S., has agreed to a class action settlement after a data breach compromised sensitive personal information. Impacted individuals may qualify for financial compensation ranging from $75 to $2,500 and free credit monitoring services. Here’s everything you need to know about eligibility, the claims process, and how to safeguard your data.
Key Details About the Settlement
Aspect
Details
Incident
Data breach exposing Social Security numbers and medical data
Compensation
Cash payments between $75 and $2,500
Additional Benefits
Free two-year credit monitoring and expense reimbursement
Eligibility
Individuals notified by Air Methods about the November 2023 breach
Claim Deadline
December 11, 2024
Exclusion Deadline
November 12, 2024
Settlement Website
Air Methods Settlement
By filing a claim, eligible individuals can recover losses and advocate for stronger data protection measures.
What Happened in the Air Methods Data Breach?
In November 2023, Air Methods reported a significant data breach caused by a stolen laptop containing unencrypted patient information. The compromised data included:
Names
Social Security numbers
Medical records
Health insurance details
This breach puts victims at risk of identity theft, financial fraud, and unauthorized medical billing.
The Growing Impact of Data Breaches
Data breaches have become increasingly common and costly. In 2023, the Identity Theft Resource Center noted a 15% rise in breaches compared to the previous year. Such incidents not only compromise privacy but also burden businesses with average costs of $4.45 million per breach, according to IBM’s 2023 report.
Target (2013): Exposed the data of over 41 million customers.
These events underscore the need for robust data security.
Understanding the Air Methods Class Action Settlement
A class action settlement resolves claims for a group of individuals—called the class—against an entity accused of wrongdoing. Air Methods agreed to this settlement without admitting fault, offering monetary compensation and other benefits to those affected.