Insurer Blue Cross Blue Shield agrees to $2.8bn antitrust settlement
by Reuters from US news | The Guardian on (#6RKA9)
Hospitals, doctors and other health providers claimed the insurer underpaid them and increased cost of insurance nationwide
US insurer Blue Cross Blue Shield has agreed to pay $2.8bn to resolve antitrust class action claims by hospital systems, physicians and other health providers alleging they were underpaid for reimbursements, the plaintiffs said in an Alabama federal court filing recently.
The settlement is the largest ever for a healthcare antitrust case, they added.
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