NU Online News Service, Oct. 27, 2003, 4:25 p.m. EST – Aetna Inc., Hartford, has received final approval from U.S. District Court Judge Federico Moreno for a proposed settlement agreement that should resolve litigation with about 1 million doctors.
The organizers of the litigation filed suits in 1999 that accused Aetna and other operators of health maintenance organizations of working together to confuse doctors, negotiate unfair provider contracts, and lower and delay payments to doctors in unreasonable ways.
The newly approved settlement agreement calls for Aetna to make some changes that could affect employers, benefits administrators and benefits technology companies.
Aetna has agreed to improve the accuracy of information about whether patients actually have health coverage by persuading more employers to transmit eligibility information to Aetna in an electronic format and transmit eligibility information to Aetna more often.