Aetna Beats Hospitals' Late-Pay Suit At 5th Circ.

By Jeff Overley (February 19, 2016, 6:22 PM EST) -- Texas hospitals cannot seek more than $73 million in late-payment penalties from Aetna Life Insurance Co. because a state law requiring prompt payments does not apply to the company's administration of self-funded plans, the Fifth Circuit ruled in a closely watched case....

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