PPO Reduction definition
Examples of PPO Reduction in a sentence
By operation of this Final Judgment and Order, the Releasing Parties hereby release the Released Parties from all Released Claims; provided, however, that the release of the Released Parties does not include any Claims that the members of the Settlement Class may have against any payor who took a PPO Reduction or a Usual and Customary Reduction.
The Court makes final its previous conditional certification of the Settlement Class, defined as all Illinois licensed medical providers, excluding hospitals, that between February 15, 1995 and September 24, 2008 (i) were members of CorVel’s CorCare PPO Network pursuant to a pre-2006 CorCare provider contract and (ii) had their medical bills reduced by application of a PPO Reduction and/or a Usual and Customary Reduction.
Released Claims do not include any Claims that the members of the Settlement Class may have against any payor who took a PPO Reduction or a Usual and Customary Reduction as Claims against payors are expressly excluded from Released Claims, and no payor shall be considered as a Released Person under this Settlement Agreement.
For settlement purposes only, the Court conditionally certifies the proposed Settlement Class, consisting of all Illinois licensed medical providers, excluding hospitals, that between February 15, 1995 and September 24, 2008 (i) were members of CorVel’s CorCare PPO Network pursuant to a pre-2006 CorCare provider contract and (ii) had their medical bills reduced by application of a PPO Reduction and/or a Usual and Customary Reduction.