Insurers To Pay Up To $5.4M To End Cancer Coverage Suit

By Keith Goldberg (April 9, 2012, 1:36 PM EDT) -- An Oklahoma federal judge on Friday approved a settlement worth up to $5.4 million in a putative class action accusing Philadelphia American Life Insurance Co. and Occidental Life Insurance Co. of North Carolina of underpaying cancer patients for covered radiation and chemotherapy benefits....

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