Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

marmar

(77,081 posts)
Fri Apr 24, 2015, 09:40 AM Apr 2015

Health Insurers Could Take $180 Million From Concussed Ex-NFL Players


(Bloomberg) Nearly a fifth of the National Football League settlement approved this week compensating former players with head injuries could go to their health insurers instead.

As a result of federal laws and court rulings enabling insurers to recover costs of medical treatment for injuries, Medicare, Medicaid, and private insurers will be reimbursed before players receive any money. Their share will reduce the value of a deal already criticized by some ex-players' lawyers as inadequate.

"It is an enormous problem," said George Washington University law professor Alan B. Morrison, who filed an amicus brief in the case in federal district court in Philadelphia expressing concern about the payments to health insurers. It could take a year or longer to sort out how much is owed to which insurers, Morrison said.

The settlement of the class action lawsuit alleging that the NFL failed to properly investigate and respond to the risk of concussion-causing hits is expected to pay up to $1 billion to more than 20,000 retired players. ..................(more)

http://www.bloomberg.com/news/articles/2015-04-24/health-insurers-could-take-180-million-from-concussed-ex-nfl-players



1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Health Insurers Could Take $180 Million From Concussed Ex-NFL Players (Original Post) marmar Apr 2015 OP
Heritage Care - the gift that keeps on taking Doctor_J Apr 2015 #1
 

Doctor_J

(36,392 posts)
1. Heritage Care - the gift that keeps on taking
Fri Apr 24, 2015, 10:07 AM
Apr 2015

Well, the players can always buy stock in the Health Insurance companies and recoup some of their money that way (actual solution proposed by BOG member awhile back)

Latest Discussions»General Discussion»Health Insurers Could Tak...