Baptist settlement of class-action suit to bring payments in April
WINSTON-SALEM, N.C. — Nearly 15,000 participants in a class-action federal lawsuit involving N.C. Baptist Hospital should receive their settlement money by late April.
U.S. District Judge James Beaty Jr. approved Friday the final settlement amount of $5.38 million after there were no objections by class-action members.
Beaty ruled that the second phase of the settlement was “fair, reasonable and adequate.” The money is expected to be mailed within 60 days.
The approval of the settlement concludes a lawsuit filed in January 2009 involving MedCost, which Baptist co-owns with Carolinas HealthCare System.
Baptist and certain affiliates’ group health plans were accused of requiring their employees to pay more in fees for health benefits than other corporate clients paid.
This story was written by Richard Craver and originally appeared in The Winston-Salem Journal. Click here to read more.