AntiTrust, Competition, HealthPlans

Blue Cross Blue Shield reaches a tentative $2.7 billion antitrust settlement

  • Blue Cross Blue Shield has reached a tentative $2.7 billion antitrust settlement to resolve claims that the insurance group’s member companies conspired to limit competition and boost prices for policyholders, a person familiar with the matter told Reuters.
  • The settlement has been approved by the Blue Cross Blue Shield Association but still requires approval by its 36 member companies.

https://www.cnbc.com/2020/09/25/blue-cross-blue-shield-reaches-tentative-2point7-billion-antitrust-settlement-source-says.html