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Health Net To Pay Up To $261M To Settle Suits

By Erin Marie Daly ( August 8, 2008, 12:00 AM EDT) -- After seven years of "extraordinarily contentious" litigation, a federal judge has signed off on a deal that will see Health Net Inc. forking over up to $261 million to settle three lawsuits that challenged the company's treatment of out-of-network claims submitted by insureds with point-of-service plans....

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