Coventry says court accepts $150.5M La. settlement
Class Action News
Coventry Health Care Inc. said Tuesday a court approved its $150.5 million settlement of a class action lawsuit that accused the health insurer of violating Louisiana laws.
The company will record a gain of $159.3 million, or 68 cents per share, in the second quarter because it set aside more money than it needed to cover the settlement. In July, a state appeals court affirmed a $262 million judgment against Coventry's First Health Group Corp. unit. In February the plaintiffs and Coventry agreed to settle the case for $150.5 million.
The lawsuit alleged that First Health Group violated notice provisions of Louisiana's Any Willing Provider Act related to the treatment of injured workers with worker's compensation claims.
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Illinois Work Injury Lawyers – Krol, Bongiorno & Given, LTD.
Accidents in the workplace are often caused by unsafe work conditions arising from ignoring safety rules, overlooking maintenance or other negligence of those in management. While we are one of the largest firms in Illinois dedicated solely to the representation of injured workers, we pride ourselves on the personal, one-on-one approach we deliver to each client.
Work accidents can cause serious injuries and sometimes permanent damage. Some extremely serious work injuries can permanently hinder a person’s ability to get around and continue their daily duties. Factors that affect one’s quality of life such as place of work, relationships with friends and family, and social standing can all be taken away quickly by a work injury. Although, you may not be able to recover all of your losses, you may be entitled to compensation as a result of your work injury. Krol, Bongiorno & Given, LTD. provides informed advocacy in all kinds of workers’ compensation claims, including:
• Injuries to the back and neck, including severe spinal cord injuries
• Serious head injuries
• Heart problems resulting from workplace activities
• Injuries to the knees, elbows, shoulders and other joints
• Injuries caused by repetitive movements
For Illinois Workers’ Compensation claims, you will ALWAYS cheat yourself if you do not hire an experienced attorney. When you hire Krol, Bongiorno & Given, Ltd, you will have someone to guide you through the process, and when it is time to settle, we will add value to your case IN EXCESS of our fee. In the last few years, employers and insurance carriers have sought to advance the argument that when you settle a case without an attorney, your already low settlement should be further reduced by 20% so that you do not get a “windfall.” Representing yourself in Illinois is a lose-lose proposition.