Blue Cross agreed to pay $128 million, plus up to $49 million in attorneys’ fees, to settle doctors’ class action allegations of underpayment on insurance claims. The settlement benefits more than 900,000 physicians and requires court approval. See NYT story here.
Earlier, Cigna paid the docs $85 million, and Aetna shelled out $170 million.
Other settlement terms may help doctors more than the money. Blue Cross also committed to streamline its processing of claims and establish independent review boards to decide billing disputes.