In an outpouring of opposition, New Jersey physicians' societies are asking a judge to reject a proposed settlement of a class action suit accusing Horizon Blue Cross of abusive reimbursement practices. The opponents complain that the agreement, which calls for reforms but no monetary damages, is merely a vehicle to enrich the class action plaintiffs firm in the case, Roseland, N.J.'s Nagel Rice & Mazie. The settlement includes a $6.5 million fee to the firm, paid by Horizon.
December 01, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
In an outpouring of opposition, New Jersey physicians’ societies are asking a judge to reject a proposed settlement of a class action suit accusing Horizon Blue Cross of abusive reimbursement practices.
The associations, representing thousands of doctors in eight major specialties, say in court papers that the proposed pact is useless because it requires the insurer to do nothing more than obey the law.
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