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Class Action Lawsuit Filed Against Principal Financial Group in Iowa-Flawed Data Base Used to Calculate Out of Network Charges

Posted Aug 13 2010 10:47am

When I hear flawed data base used today on out of network charges, well it all seems to go back to the same one, but this article does not mention which flawed data base is in reference, so is it the same one that stuck everyone else with the Ingenix data base?  Again the article doesn’t mention this but it sure has that familiar ring.  A couple months ago there was a new lawsuit filed on behalf of the outpatient surgery centers relative to the same issue.  image

So far I have not heard of another flawed data base floating around but anything is possible today.  BD 

A putative class action filed in Iowa claims the insurer uses a faulty database to calculate charges in its group health plans.

A putative class action filed in U.S. District Court in Iowa alleges Principal Financial Group Inc. and subsidiary Principal Life Insurance Co. use a flawed database to calculate charges, leading them to routinely underpay out-of-network health claims.

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