Aetna Statement Regarding Lawsuit Filed In New Jersey
HARTFORD, Conn.— Aetna (NYSE: ΑET) today issued the following statement regarding a lawsuit filed on July 30, 2007, in the United States District Court for the District of New Jersey.
* Aetna received this lawsuit on August 1, 2007, and is reviewing the complaint.
* The plaintiff purports to represent a class of members in Aetna’s health plans who have utilized the services of providers who do not participate in the company’s provider network.
* The complaint alleges that, among other things, Aetna’s practices in connection with the payment of claims for services provided to its members by providers who do not participate in the company’s provider network violate the federal Employee Retirement Income Security Act of 1974.
* Aetna believes this lawsuit is without merit and will defend this action vigorously.
* Reimbursement of non-participating providers is a complex issue, and Aetna strives to implement policies that are in the best interests of its members and employers who purchase benefits plans.
This news content was configured by WebWire editorial staff. Linking is permitted.
News Release Distribution and Press Release Distribution Services Provided by WebWire.