Request Legal Help Now - Free

Advertisement
LAWSUITS NEWS & LEGAL INFORMATION

Price-Fixing Case Costs Wellpoint $10 Million


This is a settlement for the Antitrust lawsuit.

Price-Fixing Case Costs Wellpoint $10 Million

Wellpoint has agreed to pay $10 million to settle allegations of price fixing brought by New York State's Attorney General Andrew Cuomo.

Wellpoint is the country's largest health insurer, serving some 5 million customers in New York.

The settlement results from a year long investigation by Cuomo's office into how reimbursement rates were set for out-of-network health care. The investigation revealed a monopoly created by the big health insurers, including UnitedHealth Group, Aetna, and Cigna.

Legal Help

If you have a similar problem and would like to be contacted by a lawyer at no cost or obligation, please fill in our form.
Published on Feb-18-09


ADD YOUR COMMENT ON THIS ISSUE

Please read our comment guidelines before posting.


Note: Your name will be published with your comment.


Your email will only be used if a response is needed.

Are you the defendant or a subject matter expert on this topic with an opposing viewpoint? We'd love to hear your comments here as well, or if you'd like to contact us for an interview please submit your details here.

Request Legal Help Now! - Free