A federal judge granted our client’s motion for summary judgment. Defense counsel retained Cornerstone Research and Professor Laurence Baker of Stanford University in a class action related to retirees’ health insurance plans. The plaintiffs alleged that the retirees were harmed by a multinational company’s decision to transfer them from employer-sponsored supplemental Medicare insurance to a private healthcare exchange. Using publicly available healthcare expenditure and utilization data, Professor Baker conducted a simulation that showed the majority of retirees in the company would likely experience lower total expenses. Professor Baker opined about the common use of private exchanges for supplemental Medicare coverage, their ability to provide a wider range of insurance plans that can

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