Dozens Of Health Insurers Sued Over Settlement Liens

Law360, New York (August 3, 2011, 6:31 PM EDT) -- More than 50 health insurers who offer Medicare Advantage plans were hit with a class action in New York on Monday accusing them of violating state law by imposing liens on patients who receive personal injury settlements.

The suit claims the insurers, as well as several subrogation recovery firms, are breaking a 2009 New York state law that prohibits insurers from pursuing liens on personal injury and wrongful death settlements unless they have a statutory right to do so.

At issue is whether private insurers offering...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.