Re: Judge to Weigh .5M Legal Fee in Blue Cross Class Action Settlement

From: Joe (forcep@intercom.net)
Sat Nov 4 09:25:39 2006


Ary: You just joined "the very wise dude" list with JD. Joe C

art fougner, md wrote: > This case illustrates why the MCO's have such a cavalier attitude - the
> State Insurance Depts show little desire to oversee their behavior and
> multiple class action suits do little ( except for enriching lawyers) to
> punish the MCO's for failing to honor their responsibilities to both
> patients and doctors. Having followed MCO mergers and acquisitions,
> I've no doubt the US is headed for Single Payor System, just not the
> single payor we were thinking of. Ugh ...
>
> Art
>
> At Fri, 3 Nov 2006, Dean Huffman . wrote:
>
>>..
>>
>>Judge to Weigh $6.5M Legal Fee in Blue Cross Class Action Settlement
>>
>>New Jersey Law Journal
>>
>>A judge opened debate Tuesday on whether a proposed class action settlement with
>>50,000 New Jersey doctors is a sweetheart deal for Horizon Blue Cross and
>>whether the doctors' lawyer merits a $6.5 million fee. Judge Stephen Bernstein
>>ruled that the Oct. 16 settlement, which requires reforms by Horizon but no
>>money award, is "sufficiently within the range of reasonableness" to warrant
>>consideration for final approval. Even so, health care lawyers outside the case
>>are questioning the pact.
>>
>>http://www.law.com/jsp/article.jsp?id=1162461917011
>
> --
> art fougner, md
> "May The Wings of Liberty Never Lose a Feather." - Jack Burton
>





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