RICO Resource Center (June 11, 2007)
Welcome to CMA's RICO Resource Center. Click on the table of contents for information on various aspects of the RICO class action lawsuit.
Action Items - NEW! IMPORTANT BLUE CROSS OPT-OUT INFORMATION!
UPDATED! ADDITIONAL AETNA DEADLINE INFORMATION!
- Settlement Information
- Physicians' Foundations
- CMA Press Releases and Articles
The RICO class action lawsuit won another significant victory this summer when Anthem/WellPoint settled with physicians. It is the fifth major insurance giant to settle with CMA and the other plaintiffs. Through this and previous settlements, physicians will receive more than $344 million in cash payments from health plans and court-ordered reforms valued at more than $1 billion. Click here for CMA's RICO Settlements At-a-Glance document.
CMA started the case five years ago, challenging the rapacious tactics of the for-profit managed care industry. The case allowed physicians to air profound grievances against an industry that has arrogantly and unfairly exploited them for well more than a decade.
As a federal appeals court said in 2004: “It would be unjust to allow corporations to engage in rampant and sy
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