Jan

19

UnitedHealth to pay $350 million for settlement

By Patient Financial Services Weekly Advisor

UnitedHealth Group Inc. will pay $350 million to resolve class action lawsuits over reimbursement for its out-of-network medical services. The settlement resolves litigation filed on behalf of the American Medical Association, health plan members, healthcare providers, and state medical societies.

The settlement comes two days after UnitedHealth struck an agreement with the New York state attorney general following a probe into the independence of its database used to set reimbursement rates for patients’ medical bills.

Read the full story by Reuters.