If anybody thought it was easy to get paid...

[David Frenkel]

MIAMI (Managed Care Wire) Aetna announced a settlement with providers in the major class action lawsuit that has targeted nine additional MCOs.   Aetna announced May 22 that it was settling with the class of approximately 700,000 physicians who have been suing health plans for a variety of disputes regarding claims payment and medical necessity decisions. The company has vowed to speed payments to providers and to offer providers and patients clearer information regarding its medical and payment decisions. In addition, Aetna will pay $470 million to the plaintiffs.   Medical experts are praising the move, saying that Aetna’s promised changes will lead to less administrative and legal maneuvering between doctors and plans — and will spur other MCOs into similar reforms.   The agreement is subject to the approval of Federal District Judge Federico Moreno, who earlier this year threw out a controversial settlement by Cigna Corp. Regards,   David Frenkel Business Development GEFEG USA Global Leader in Ecommerce Tools www.gefeg.com 612-237-1966   --- The WEDI SNIP listserv to which you are subscribed is not moderated. The discussions on this listserv therefore represent the views of the individual participants, and do not necessarily represent the views of the WEDI Board of Directors nor WEDI SNIP. If you wish to receive an official opinion, post your question to the WEDI SNIP Issues Database at http://snip.wedi.org/tracking/. These listservs should not be used for commercial marketing purposes or discussion of specific vendor products and services. They also are not intended to be used as a forum for personal disagreements or unprofessional communication at any time. You are currently subscribed to wedi-transactions as: [EMAIL PROTECTED] To unsubscribe from this list, go to the Subscribe/Unsubscribe form at http://subscribe.wedi.org or send a blank email to [EMAIL PROTECTED] If you need to unsubscribe but your current email address is not the same as the address subscribed to the list, please use the Subscribe/Unsubscribe form at http://subscribe.wedi.org