Aetna To Pay $120M To Settle Doctors' Antitrust MDL

Law360, New York (September 03, 2013, 3:35 PM ET) -- A New Jersey federal judge on Friday approved a $120 million settlement of multidistrict litigation accusing Aetna Inc. of shorting doctors who provided out-of-network medical services, less than five months after the previous judge recused himself from reviewing the deal.

Aetna has agreed to set up a settlement fund of $60 million to cover attorneys' fees and administrative costs and the claims of medical providers and plan subscribers who met the criteria to be class members but lacked documentation substantiating how much they were owed....
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