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: The Buck Stops Here

Wal-Mart Subrogation

By Stuart Buck, Esq.

A while back, a lot of people criticized Wal-Mart for this story: A collision with a semi-trailer truck seven years ago left 52-year-old Deborah Shank permanently brain-damaged and in a wheelchair. Her husband, Jim, and three sons found a small source of solace: a $700,000 accident settlement from the trucking company involved. After legal fees and other expenses, the remaining $417,000 was put in a special trust. It was to be used for Mrs. Shank's care.Instead, all of it is now slated to go to Mrs. Shank's former employer, Wal-Mart Stores Inc.Two years ago, the retail giant's health plan sued the Shanks for the $470,000 it had spent on her medical care. A federal judge ruled last year in Wal-Mart's favor, backed by an appeals-court decision in August...continue to full post

Full post as published by The Buck Stops Here on June 14, 2008 (boomark / email).