Filed a claim during the legal battle between the American Medical Association (AMA) and UHC? There’s good news for you. You can expect to be paid for your work by April 15 of this year.
For those who failed to file a claim then, unfortunately, there’s no turning the clock back.
Background: In February 2012, a federal judge sanctioned the release of payments in the 2009 settlement against UHC. An amount of nearly $200 million will be paid out to physicians for 15 years of artificially low payments by UHC for out-of-network health services.
“The truly lasting legacy of this court challenge will continue long after the last physician has received a share of the landmark settlement,” said Peter W. Carmel, M.D., president of the AMA, in a statement. “UnitedHealth and other insurers no longer will be able to pull the wool over doctors’ and patients’ eyes when determining payment rates for out-of-network care.”
Resource: Visit the AMA’s FAQ section to learn more about the settlement at www.ama-assn.org/resources/doc/psa/uhg-settlement-faqs.pdf.
source: The Coding Institute
