Aetna to Settle Federal Case for $120 Million
Insurance giant Aetna Inc. agreed to pay up to $120 million in a proposed settlement stemming from a federal class-action suit over reimbursement of out-of-network health insurance claims. The Associated Press (AP) reports that the class-action suit filed in federal court in New Jersey alleged that Aetna lowered data the company provided to a database used to help calculate payment rates for care received outside its network of health care providers. Patients and doctors alleged that this allowed