The Blue Cross Blue Shield Association, along with its 28 member health plans, have reportedly racked up at least 27 antitrust lawsuits against the entities. The lawsuits claim a conspiracy among the BCBS conglomerate to break-up the US healthcare market geographically to avoid competing with each other. Reports say the plaintiffs argue the licensing agreements that the insurer has with member plans is anticompetitive and a violation of the Sherman Act, among other antitrust laws; they are seeking to prevent the competition restriction in certain states, as well as three times their actual damages. BCBS held a legal status conference last Thursday concerning the cases.
Full Content: Reuters
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