An Ohio County Reaches a $7.3 Million Settlement With the Franklin County Health Insurance Cooperative
The Fairfield County commissioners reached a settlement for $7.3 million with the Franklin County Health Insurance Cooperative regarding a past health insurance pool, or reserve, of $8.5 million.
The county won the $8.5 million judgment against the cooperative regarding the payment in May. But the Franklin County commissioners appealed to the Ohio Fifth District Court of Appeals decision. On Tuesday, the Fairfield County commissioners passed a resolution accepting the agreement of the five-year dispute regarding their exit from the cooperative.
“In the absence of a settlement the litigation would have continued through the Fifth District Court of Appeals and likely the Supreme Court of Ohio,” Commissioner Steve Davis said. “That would have taken somewhere on the order of three to four years to go through that appellate process at the Fifth District and the Ohio Supreme Court.”
