Fierce Healthcare June 24, 2024
The Supreme Court will not hear a legal challenge to the nearly $2.7 billion Blue Cross Blue Shield settlement.
The panel rejected a petition for appeal following a lower court decision in October that upheld the arrangement. The massive settlement resolves allegations that first lobbied in a class action suit that BCBS plans colluded with one another by dividing up geographies to avoid competiting against each other directly.
The Blue Cross Blue Shield Association signed on to the settlement in 2020, with other entities following after. A federal district court backed the settlement in 2022.
Home Depot, a large retail employer, challenged the Alabama district court’s decision, however, saying that it could make...
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