Aetna Strikes $6.2M Deal To End Depression Treatment Suit

By Danielle Nichole Smith (February 19, 2019, 3:13 PM EST) -- Aetna Inc. has agreed to pay $6.2 million to settle a class action in Connecticut federal court accusing it of violating the Employee Retirement Income Security Act by categorically denying claims for a type of depression treatment called transcranial magnetic stimulation.

A class of Aetna plan participants and beneficiaries on Friday asked U.S. District Judge Janet C. Hall to greenlight the $6.2 million settlement, which would bring an end to the litigation over the insurer's refusal to cover transcranial magnetic stimulation, a treatment for major depression. The settlement is fair and reasonable and was reached without collusion, the participants said in...

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