CareFirst Moves Fast To Address Policy Suit

Law360, New York (September 20, 2006, 12:00 AM EDT) -- Looking to end a dispute with policyholders quickly, CareFirst BlueCross BlueShield of Maryland said it would send refund checks to customers whose premiums were raised on the first day of their birthday months rather than their actual birthdays.

The announcement comes only a day after a class action lawsuit emerged alleging that CareFirst overcharged policyholders millions of dollars by jumping the gun on premium increases.

The suit, filed in the District Court of Baltimore on Tuesday, was brought on behalf of Richard B. Cort and all...
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