A federal judge in Miami has approved an estimated $167 million in settlements by managed health care companies Health Net and Prudential Financial Services in a class action by 950,000 doctors. The settlements bring the number of agreements OK'd by the judge to four in the massive lawsuit by doctors and medical societies against 10 of the nation's largest HMOs. A trial is scheduled in January for the four remaining management companies, but settlement negotiations are ongoing.
September 29, 2005 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
A federal judge in Miami, Fla., has approved an estimated $167 million in settlements by two managed health care companies in a massive class action lawsuit by hundreds of thousands of doctors.
U.S. District Court Judge Federico Moreno on Monday signed off on the settlements reached by Health Net Inc. and Prudential Financial Services with about 950,000 doctors nationwide.
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