Horizon Blue Cross Blue Shield, New Jersey’s largest health insurer, has agreed to settle a federal class action by ambulatory surgical centers who claim they were shortchanged on reimbursements for out-of-network care.
The deal requires cash payments totaling $22 million, but class counsel Bruce Nagel says it is worth more than $200 million due to other provisions, the value of which remains to be quantified.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]