UnitedHealth Group agrees to pay $350 million to settle class action lawsuits
New York, NY (JusticeNewsFlash.com)–As reported by Reuters, UnitedHealth, the largest U.S. health insurer company by market value, has agreed to settle class action lawsuits for $350 million. This lawsuit was filed by attorneys because UnitedHealth was knowingly failing to reimburse patients for covered out-of-network medical expenses. The New York state attorney general, Andrew Cuomo, recently settled another lawsuit against UnitedHealth including Ingenix, UnitedHealth’s medical billing information company. This lawsuit settlement agreement, if approved by the court, will resolve legal actions filed by attorneys for the American Medical Association, health care providers, health plan members, and state medical groups.
According to court documents, the UnitedHealth settlement will cover three federal class action legal actions. The health care insurance company is waiting court approval for the consolidation form the Southern District Court of New York. Apparently UnitedHealth manipulated hundreds of millions of dollars out of the pockets of its insured. The $350 million settlement will help reimburse health plan members and out-of-network providers for procedures since 1994.
JusticeNewsFlash.com news for New York insurance litigation attorneys