Www.CoventryKansasSettlement.com – Coventry Healthcare of Kansas Class Action Lawsuit Settlement
Whether you received a postcard in the mail or not, you can find out about the Coventry Healthcare of Kansas Class Action Lawsuit Settlement at the www.coventrykansassettlement.com website. Some of you may have received this card even though you may no longer live in Missouri. So if between May 30, 1998 to October 31, 2010 you had a Coventry Missouri HMO plan, then you can take part. You must have been charged a copay that was more than 50% of the total cost of the drug and you paid $10 or more.
The Coventry Healthcare of Kansas Class Action Lawsuit Settlement which can be found at the www.coventrykansassettlement.com site is also known as the Holling-Fry v. Coventry Settlement. If you are eligible to get payment in this case, you do not have to do anything. Most times you have to submit a claim form. This time you do not. This is for the Amended Settlement. The lawsuit was brought against the company by Joy Holling-Fry. She is considered the Plaintiff in this case. The copayment requested was a violation of the Missouri regulation and also ERISA.
This amended settlement is not in favor of either the Plaintiff or the company. It is actually a voluntary agreement between the parties involved. This voluntary agreement came about because further litigation in the matter would be costly and complicated. The amount of the funds is $2,666,000. This amount will be distributed among all those who are eligible. The Class Counsel has requested that the Plaintiff be paid $7500. This money will not be taken out of the settlement funds. The amount will be awarded by the Court. If you are eligible, you will get a settlement check which will be void after 120 days. If you do not cash the check within this time period, the money will go back to Coventry.
The Final Court Hearing is going to be on October 10, 2012. This will take place at 9 a.m. The court will then decide to either approve or deny it. However, even if the court approves it, you will not get your payment immediately. This is because there could be appeals. The appeals process can take a long time. So you have to be patient in this case. Sometimes it can even take more than a year. The only way that you can sue the company on your own is to opt out or exclude yourself. You have to do this in writing by September 4, 2012. You will have to mention the name of the case and the case number. The case number is 0-0092-CV-W-DGK. You must also remember to sign your request. It is considered void if you do not sign it. You can also send your request for exclusion via fax or email. I think that is the best route to go. If you do not have a fax machine or you do not trust that the fax would go through, you should definitely send an email. Make sure that it does not bounce back. You will get all the information you need online at the website.
You can also object to the settlement. The difference between excluding yourself and objecting is that when you object, you still remain a Class Member. This means that if you object (which you have to do in writing), you can still get payment. However if you exclude yourself, you will not get any money. Another difference is that if you object, you will not be able to sue the company later. However if you exclude yourself, you will be able to do this. So you will have to decide what is best for you. Would you rather sue or would you rather object? You will not be able to do both.
You do not have to attend the Final Fairness Hearing in order to get payment. Many people mistakenly think that the only way they will get paid is if they appear in court. Can you imagine how crowded the Courtroom would be if everyone decided to do that. Also most times, the Fairness Hearing are held in Courts that may not be in the state that you are in now. So you do not have to travel in order to get the money. This is really good news because you will not have to spend a single dime.
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