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May 14, 2004 at 08:00 PM
NU Online News Service, May 14, 2004, 5:01 p.m. EDT – UICI, North Richland Hills, Texas, has agreed to a settlement connected with health insurance policies it sells through associations.[@@]
UICI has agreed, without acknowledging any fault, liability or wrongdoing of any kind, to resolve litigation in California and Mississippi over the policies by giving consumers more information about its contractual relationships with the associations that sell the coverage, the company says.
UICI also has agreed to provide several months of free accident coverage for current and former customers of its health insurance subsidiaries and current and former members of the associations, the company says.
“The settlement also contemplates the payment of attorneys’ fees to counsel for the plaintiff class,” UICI says. “The proposed settlement does not contemplate a release of specific claims by individuals for insurance coverage benefits.”
