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Insurance Companies Pay Doctors Half-Billion to Settle Class Action Lawsuits

Mike Ferrara

Attorney
(866) 735-1102 Ext 650

Posted by Mike FerraraApril 30, 2007 3:50 PM

Tags: Medical Malpractice

2 Comments

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Doctors make me chuckle. They hate lawyers, they hate lawsuits, and they especially hate class action lawsuits. Unless it's their own. A group of 900,000 doctors just settled a class action lawsuit against Blue Cross and Blue Shield for $128 Million. That after they received $405 Million from other insurers, including Aetna, Wellpoint, HeathNet, CIGNA, and Humana.

The claims were based on the fact that the doctors didn't care for the length of time it took these insurance companies to reimburse them for their bills. I think the doctors were correct in bringing these class actions and getting the justice they felt they deserved. I just don't want to see a double standard when it comes to ordinary citizens using class actions and lawsuits to get the justice they feel they are entitled to.

2 Comments

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Posted by Bill Davis
April 30, 2007 11:29 PM

900,000 doctors? Odd considering there are not that many licensed physicians and surgeons in the entire USA.

Posted by Michael A. Ferrara Jr.
May 01, 2007 12:23 AM

Bill: That was the reported size of the class. You are right, there aren't that many doctors, but there are 6.1 Million heath care professionals. That includes 2.2 million RN's, 100,000 GP's, 100,000 dentists, 50,000 internists, 25,000 pediatricians, 23,000 anesthesiolgists, 50,000 surgeons, etc. etc. My only point was that a lot of folks got a lot of money and I'm glad for them.

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