Quinn Emanuel Urquhart & Sullivan LLP won $185 million in attorneys’ fees for representing a class of 153 qualified health plans awarded a total of $3.7 billion against the federal government in an Obamacare payment case.
This is the full amount requested by the firm, and it represents 5% of the plans’ recovery. A total of $12 billion altogether has been awarded to the dozens of insurers that sued to recover unpaid “risk corridor” funds.
The firm was the first to file a lawsuit against the U.S. for reneging on Obamacare’s promise to pay them for losses suffered due to ...
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