Oxford Health Plan (OXHP) Message Board

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Biotech / Medical : Oxford Health Plan (OXHP)

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To: Premier who wrote (1612)	5/15/1998 12:21:00 AM
From: Mark The Trader	Read Replies (1) of 2068

Premier, I am not a Lawyer however I oversee the Class Action Lawsuits for my company . In summary most suits are settled for substantially less then what the Class is suing for ( around 10 cents on the dollar and this is a very general estimate). As for a time frame , they usually take at least 2 years to be resolved if the suit is settled without going to court , and much longer if it drags on in court. On the surface I would say the Oxford suit will probably be settled for much more then 10 cents on the dollar because there appears to be fraud. Insurance will cover a large portion. Mark

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