In a Nov. 30 order, U.S. District Judge R. David Proctor in the Northern District of Alabama gave early blessing to the settlement, which would resolve the claims in the original lawsuit brought by BCBS plan members.
The claims were first brought in 2012 under a class-action lawsuit filed on behalf of health plan members. The lawsuit alleged that anticompetitive behavior among BCBS plans has led to higher prices for members.
For a deeper dive into what the settlement entails, click here.
More articles on payers:
Radiologists to Cigna: Revise hospital-based imaging policy to avoid harming pediatric patients
UnitedHealth expects $277B+ in revenue in 2021
New Jersey school board sues Horizon, says insurer threatened to stop paying claims for 14,000 workers
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.