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Managed Care Advisory Group ​​​​​has been in the class action settlement recovery business since 2003. They represent over one thousand hospitals, and thousands of businesses from micro to Fortune 500 companies, and have distributed hundreds of millions of dollars to their clients. One thing that sets MCAG apart is their ability to leverage their exclusive databas​e to pull together required claim data – even when limited information is supplied by clients.

 

MCAG's settlement experts continually search for class actions for which you may be eligible. You do not have to spend time looking for applicable class actions or examining settlement documentation. Once you enroll in MCAG's service, they will notify you of the opportunity, determine your eligibility and submit claims on your behalf. There may be certain occasions that require the submission of limited additional information to MCAG, but the process will be as convenient as possible.


SERVICES ENDORSED by IHA​​​​​: 

Settlement recovery service solution

CONTA​​CT:

Adam Schmidt​ 
VP, Settlements
3434 Granite Circle
Toledo, OH 43617
800-355-0466 (x2406)
settlements.mcaginc.com, access code IHA500​

​​​Learn More About​ M​C​​AG:

Why Work with MCAG?

Settlement Recovery Service Flyer



​​ Class Action Settlement Opportunities

IHA's vetted solution for class action settlement​ recovery services is Managed Care Advisory Group (MCAG). MCAG partners with more than 30 state hospital associations and works on a no-risk contingency fee of 25 percent of recoveries. The company is an industry leader in the class action settlement recovery business, representing more than 1,400 hospitals and recovering more than $250 million for its clients.
 
Monitoring settlement opportunities and effectively filing claims is a complex and resource intensive process. As a client of MCAG, very little time and effort are required to activate recovery settlement services. MCAG charges a contingency fee of 25 percent of any recoveries obtained for its client organizations. For this fee, MCAG performs the necessary data analysis, documentation preparation, claims filing, recovery, and reconciliation. If no money is recovered, MCAG does not charge or retain a fee. Additionally, MCAG does not send bills or invoices to clients – only checks, net of their fee.
 
The attached document​ lists all of the past, present and future settlement opportunities MCAG is tracking on behalf of clients. Signing up with MCAG is easy via their online enrollment platform for IHA members.
 

For more information contact Adam Schmidt, vice president business development for MCAG (aschmidt@mcaginc.com or directly at 800 355-0466 x-2406).
 
Disclaimer:
**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.



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​​MCAG’s Recovery Service for $5.5B in Funds

​MCAG represents over 1,400 hospitals today and has recovered over $260 million on behalf of healthcare organizations from previous settlements.   

There is over $490 Million available via Pharma/Benefit Plan Settlements and under these cases, it is generally alleged that businesses with self-insured health plans overpaid for drugs purchased on behalf of their employees due to artificially inflated and/or stabilized prices.  

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

  • 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, there is $5.54 Billion available via a Financial Settlement which should benefit all types of organizations.  

  • The Payment Card Interchange Fee Settlement | $5.54 Billion | TBD filing deadline
    • This is also known as the Visa/Mastercard settlement, which reimburses organizations for the fees they paid for accepting Visa or Mastercard payments from Jan. 1, 2004 to Jan. 25, 2019. This class action settlement has received final approval and the claims process will be available as soon as appeals are resolved.

MCAG does not create class actions; they continually search 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 IHA members for an all-inclusive contingent fee for any recoveries obtained for your organization.

Signing up for MCAG’s Service is easy: 

  1.  Click here to visit MCAG’s website for IHA members.
  2. Enter in your business information and that’s it!



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