Council Connect Articles

Settlement Recovery Through MCAG, Hospital Council’s Endorsed Business Partner

Pharma/benefit plan cases have proven that businesses with self-insured health plans overpaid for drugs purchased on behalf of their employees due to artificially inflated and/or stabilized prices. Settlements have made hundreds of millions of dollars available to class action participants.  

Through your affiliation with Hospital Council, you have full access to a class action Settlement Recovery Service provided by our endorsed partner, Managed Care Advisory Group (MCAG). MCAG represents over 1,400 hospitals and has recovered over $260 million on behalf of health care organizations from previous settlements.    

The number of these opportunities in any given year varies, but there can be several available at the same time. Three claim filing deadlines are quickly approaching:  

  • The EpiPen – Mylan Settlement | $264 Million |July 25, 2022, filing deadline 
  • The Restasis Settlement | $29.99 Million | Aug. 11, 2022, filing deadline 
  • The Ranbaxy Settlement | $145 Million | Oct. 11, 2022, filing deadline 

Additionally, a financial services settlement that reimburses organizations for the interchange fees they paid for accepting Visa or Mastercard payments between Jan. 1, 2004, and Jan. 25, 2019, has received final approval, and the claims process will be available as soon as appeals are resolved. The deadline for this settlement is to be determined. 

MCAG does not create class actions; it continually searches for class actions that have already settled and have funds available for businesses. Take comfort in relying on the nation’s largest settlement recovery firm that is filing claims for more than 200,000 companies. MCAG provides its service to Hospital Council members for an all-inclusive contingent fee for any recoveries obtained for your organization.

Payment Card Settlement Disclaimer: On December 13, 2019 the Court granted final approval of the settlement filed on September 18, 2018 for the Rule 23(b)(3) Class Plaintiffs in this action. No claim forms are available at this time, and no claim-filing deadline exists. No-cost assistance will be available from the Class Administrator and Class Counsel during any claims-filing period. No one is required to sign up with any third-party service in order to participate in any settlement. For additional information regarding the status of the litigation, interested persons may visit www.paymentcardsettlement.com, the Court-approved website for this case.