Blue Cross Blue Defend Insurer Agrees to $2.8 Billion Antitrust Settlement

Blue Cross Blue Defend Insurer Agrees to .8 Billion Antitrust Settlement

U.S. insurer Blue Cross Blue Defend agreed to pay $2.8 billion to settle class-action antitrust lawsuits filed by hospital systems, doctors and other health providers who alleged they were underpaid for reimbursements, the plaintiffs said in a filing recently filed with a Alabama federal court. The settlement is the largest ever reached in an antitrust … Read more