A federal judge on Thursday approved a request by lawyers at Quinn Emanuel Urquhart & Sullivan to be paid nearly $185 million for work on a pair of class-action lawsuits that led the U.S. government to pay health insurers more than $3.7 billion.
The fee represents 5% of the total amount that lawyers recovered for a group of health insurers that the U.S. Supreme Court ruled were due billions after the federal government failed to live up to its promise in an Obamacare program known as “risk corridors.”
The Affordable Care Act’s “risk corridor” section obligated the government to pay ...
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