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Clear Choice Health Plans, Inc.
Clear Choice Settles Litigation with State of Oregon
February 15th, 2009
Clear Choice Health Plans, Inc. (OTCBB: CCHN) announced it has settled litigation with the State of Oregon related to a dispute over reimbursements from 1997 to 2002 under the Oregon Health Plan (OHP). Clear Choice said it will receive $1 million as part of the settlement in a lawsuit it filed against the State in 2003, which alleged that rate calculation errors were made in connection with certain OHP reimbursements. OHP provides health care coverage for more than 380,000 low-income Oregonians. “Given today’s economic realities and following a cost-benefit analysis, we decided to settle this longstanding matter and move forward in partnership with...
Source: Pharma Investments, Ventures & Law Weekly (2009-02-15)
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