Foote, Meyers, Mielke & Flowers, LLC
3 North Second Street
Suite 300
St. Charles, Illinois 60174
Phone: 630-232-6333 or 877-221-2511
Fax: 630-845-8982
Email: info@foote-meyers.com
IN RE: MANAGED CARE LITIGATION
Provider Track Cases
Charles B. Shane, M.D., et al v. Humana, Inc.; Aetna, Inc.; Aetna-USHC,Inc.; Cigna; Coventry Health Care, Inc.; Health Net, Inc.; Humana Health Plan, Inc.; Pacificare Health Systems, Inc.; Prudential Insurance Company of America; United Health Group; United Health Care; Wellpoint Health Networks, Inc.; and Anthem, Inc.
Timothy N. Kaiser, M.D., and Suzanne LeBel Corrigan, M.D., on behalf of a class of others similarly situated v. Cigna Corporation; Cigna Healthcare of St. Louis, Inc.; and Cigna Healthcare of Texas, Inc.
United States District Court
Southern District of Florida, Miami Division
No.: 1334
AMOUNT OF SETTLEMENT: $55,000,000.00
As part of that case, a landmark settlement agreement has been reached between the nation's physicians and CIGNA HealthCare. We are now able to move forward aggressively in the implementation of the many positive business practice changes and other benefits included in the agreement. The settlement agreement provides for unprecedented adjustments in the healthcare delivery system that will have a significant positive impact on the healthcare provided to all Americans by allowing physicians to focus on what they do best: care for patients. The agreement also provides for a foundation controlled by physicians and focused on addressing key issues affecting the nation's healthcare delivery system as well as payments to physicians.