Anthem's $15M Deal To End ACA Switch Suits Gets Final OK
Law360, Los Angeles (August 12, 2016, 7:15 PM EDT) -- A California judge on Friday granted final approval to Anthem Blue Cross' $15 million-plus deal to end four class actions alleging that the insurer misled more than 700,000 consumers about coverage under Affordable Care Act-compliant health plans, saying that the deal is fair given the complexity of the claims.
At the hearing on the plaintiffs' motion for final settlement approval, Los Angeles Superior Court Judge Elihu M. Berle said that he was ready to deem fair and reasonable the $14.9 million deal, which could grow, and end the class actions alleging that Anthem misrepresented the coverage of new ACA-compliant plans in...
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