$9M Geico Personal Injury Protection Providers Class Action

Photo Credit: Unsplash | Published: February 16, 2025

Claim Form Deadline: February 24, 2025

Payout: $5.00 and/or Reimbursement

Proof required:

What's the Geico Class Action About??

An estimated $9,000,000 class action lawsuit has been settled with Geico insurance. This class action involves claims that GEICO Companies misinterpreted Florida No-Fault Law regarding the calculation of reimbursements for medical services.

Specifically, All X-Ray Diagnostic Services Corp. filed a class action lawsuit against GEICO Indemnity Company, alleging that GEICO underpaid medical providers by misinterpreting Florida's No-Fault Law, specifically regarding the calculation of reimbursements for services provided to individuals insured under GEICO's Personal Injury Protection (PIP) policies. The lawsuit claims that GEICO did not use the highest allowable amount under Medicare Part B for 2007 when determining payments, resulting in reduced reimbursements to healthcare providers. Geico has settled the class action lawsuit but has not admitted to any wrongdoing.

Who Are the Defendants and Plaintiffs in this Class Action?

GEICO Indemnity Company, GEICO General Insurance Company, GEICO Casualty Company, and Government Employees Insurance Company are all subsidiaries of GEICO (Government Employees Insurance Company).

GEICO: is a major auto insurance provider in the U.S., offering coverage for cars, motorcycles, boats, and more. Each of these companies operates under the GEICO brand but serves different risk categories or policy types. Geico is owned by Warren Buffett's multinational conglomerate, Berkshire Hathaway. The company's market capitalization is over $1 trillion, positioning it as the world's top ten most valuable companies regularly.

All X Ray Diagnostic Services Corp: is a fully accredited and certified medical imaging facility located in Miami, Florida.

What is the Total Settlement Amount?

It is estimated that the total settlement amount is $9 million. This analysis is based on the Geico settlement detailing that $2,990,000 has been agreed to be set aside for attorneys' fees and expenses. Class action lawsuits are often broken down to about 30% of the total settlement funds for lawyer expenses.

How Do I Qualify For a Payout?

To potential qualify, you must be a Florida healthcare provider who meets the following requiremnets:

• Holds an assignment of benefits from a GEICO insurance policy.
• Submitted a claim for reimbursement of no-fault benefits to GEICO during the class period.
• Received a payment from GEICO that was less than the highest allowable amount under Medicare Part B for 2007.

How Do I Find Class Action Settlements?

Find all the latest class actions you can qualify for by getting notified of new lawsuits as soon as they are open to claims:

How Much Can I Get Paid?

Class action settlement members who submit a valid and timely claim form can receive:

• Readjustment of Claim(s): 35% of 80% of the difference between the highest allowable amount under Medicare Part B for 2007 and the amount previously paid by GEICO.
• Claim Submission Compensation: A flat amount of $5.00 for each valid claim form submitted via U.S. Mail.

How Do I File a Claim?

To file a claim, you must submit a complete Settlement Claim Form via mail or through the Settlement Website, linked online below. Please ensure the form is received or uploaded online no later than the deadline of February 24, 2025.

Claim Form Website: Geico Settlement Site

Submit Claim

Filing Class Action Settlement Claims

Please note that your claim form will be rejected if you submit a settlement claim for payout with any fraudulent information. By providing this information and your sworn statement of its veracity, you agree to do so under the penalty of perjury. You would also be harming others that actually qualify for the class action settlement. If you are not sure whether or not you qualify for this class action settlement, visit the class action administrator's website below. OpenClassActions.com is only providing information and is not a class action administrator or a law firm. OpenClassActions is a participant in the Amazon affiliate advertising program and this post may contain affiliate links, which means we may earn a commission or fees if you make a purchase via those links.

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