Richard
Final Approach
- Joined
- Feb 27, 2005
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- 9,076
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- West Coast Resistance
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Ack...city life
WELLPOINT MAKES DEAL TO HEED DOCTOR'S WISHES
San Francisco (Knight Ridder)
In a legal settlement that doctors said would remove an insurance company from the examining room, WellPoint, Inc., the nation's largest health insurer, agreed to cover virtually any established treatment-without reagrd to cost-that a physician deems necessary.
If approved by a federal judge, the deal calls for WellPoint to spend at least $390 million to settle two class-action lawsuits by more than 700,000 physicians who charged the company with systematically underpaying them and putting its financial interests ahead of patient care.
WellPoint operates mainly under the Blue Cross banner and has 28.5 million members, including 7 million in California.
San Francisco (Knight Ridder)
In a legal settlement that doctors said would remove an insurance company from the examining room, WellPoint, Inc., the nation's largest health insurer, agreed to cover virtually any established treatment-without reagrd to cost-that a physician deems necessary.
If approved by a federal judge, the deal calls for WellPoint to spend at least $390 million to settle two class-action lawsuits by more than 700,000 physicians who charged the company with systematically underpaying them and putting its financial interests ahead of patient care.
WellPoint operates mainly under the Blue Cross banner and has 28.5 million members, including 7 million in California.