A $4.3 million lawsuit that says
Optum’s contract to administer prescription drug benefits for the Operating Engineers Local #49 Health & Welfare Fund includes a binding arbitration clause that blocks the fund trustees’ lawsuit, the company said in a Thursday court filing. The contract also specifies that Optum doesn’t qualify as a fiduciary under the Employee Retirement Income Security Act, which is fatal to the trustees’ claims under the statute, ...
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