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Elevance Units Not Fiduciaries Of Union Plans, Court Told

By Brian Steele (April 18, 2024, 7:42 PM EDT) -- A lawsuit that two union healthcare funds brought against Elevance Health Inc. and several subsidiaries should be dismissed because it does not plausibly allege that fund money was overspent on medical care and administrative fees, and the defendants did not have fiduciary responsibilities, attorneys told a Connecticut federal judge on Thursday....

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