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U.S.: Healthcare company motions to dismiss price-fixing conspiracy suit

 |  October 31, 2012

A class action suit has been proposed against Highmark Inc. arguing the company conspired with the University of Pittsburgh Medical Center to fix insurance rates. Highmark Inc. has responded by arguing the suit cannot go forward, citing a U.S. Supreme Court ruling that says damages cannot be awarded over charges involving anti-competitive behavior in rate pricing if those rate have already been approved by a regulation authority. A strategic partnership between Highmark Inc. and St. Vincent Health System had been agreed upon earlier last month in an effort for Highmark to become a stronger competitor against University of Pittsburgh Medical Center.

Full Content: Law360

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