Health insurer fails to timely pay settlement of suit for failing to timely pay claims. #gofigure "The judge who approved a $215 million settlement of a class-action lawsuit against a health insurer is perturbed that $90 million has yet to be distributed five years later. On May 30, U.S. District Judge Faith Hochberg ordered the parties in Wachtel v. Health Net Inc., 01-cv-4183, to show cause why she should not name a special master to investigate the delay — and to study whether class counsel should be replaced and required to return the $72 million they were paid or face sanctions or disciplinary action." - New Jersey Law Journal
Posted on: Fri, 07 Jun 2013 11:38:03 +0000
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