Class Counsel Confirms $92M Was Wired To Administrator In Insurers’ ACA Dispute

( December 5, 2024, 11:19 AM EST) -- WASHINGTON, D.C. — After a federal judge entered an order requiring class counsel to return “$92,424,335.84, the excess of the $184,848,671.67 previously distributed for fees over the current fee award,” counsel filed a notice in the U.S. Court of Federal Claims confirming that it wired the $92,424,335.84 to nondispute subclass members in a risk-corridor payment dispute under the Patient Protection and Affordable Care Act (ACA)....