Court issues preliminary approval of $2.8 billion Blue Cross Blue ...
6 days ago · A $2.8 billion settlement from Blue Cross Blue Shield to health care providers resolving a 12-year antitrust lawsuit received preliminary approval yesterday from the U.S. District Court for the Northern District of Alabama. The settlement will also "significantly improve how Providers will interact with the Blues, bringing more transparency and efficiency to their …
Blue Cross' $2.8 bln health provider settlement wins judge's ...
6 days ago · The case is In re: Blue Cross Blue Shield Antitrust Litigation, U.S. District Court for the Northern District of Alabama, No. 2:13-cv-20000-RDP. Read more: Blue Cross Blue Shield settles US health ...
$2.8B Blue Cross settlement on the table - Courthouse News …
5 days ago · BIRMINGHAM, Ala. — A federal court in Alabama granted preliminary approval for a $2.8 billion settlement in an antitrust lawsuit against Blue Cross Blue Shield that has been going on for 12 years. The final fairness hearing is set for July 2025.
Blue Cross Blue Shield Settlement
Plaintiffs allege that Settling Defendants violated antitrust laws by entering into an agreement not to compete with each other and to limit competition among themselves in selling health insurance and administrative services for health insurance.
Long-running antitrust lawsuit ends in $2.8 billion settlement …
Oct 15, 2024 · Blue Cross Blue Shield has agreed to pay $2.8 billion to a settlement fund for health care providers as part of the resolution of a 12-year antitrust lawsuit, according to the plaintiffs Oct. 14 in a filing with the U.S. District Court for the Northern District of Alabama.
MONUMENTAL SETTLEMENT ANNOUNCED IN PROVIDER BLUE CROSS BLUE SHIELD ...
Oct 14, 2024 · BIRMINGHAM, AL – Today a monumental settlement was announced by Whatley Kallas, LLP, Co-Lead Counsel, in a long-running antitrust lawsuit filed on behalf of healthcare providers across the nation. The settlement with all the Blue Cross and Blue Shield entities in the country, as well as the Blue Cross and Blue Shield Association, provides ...
Blue Cross Blue Shield to Pay Record $2.8 Billion in Proposed Antitrust …
On October 14, 2024, a class of thousands of hospitals, physician groups and other healthcare providers filed a proposed settlement in a twelve-year antitrust lawsuit against the Blue Cross Blue Shield (BCBS) network. BCBS has agreed to pay $2.8 billion into a settlement fund, making this the largest-ever payment in a healthcare antitrust case.
$2.8 Billion Settlement Reached in Blue Cross Blue Shield Antitrust ...
Oct 15, 2024 · The largest antitrust settlement in U.S. Healthcare History, $2.8 billion, was announced on October 14, 2024, by the Provider side settlement team in the Blue Cross Blue Shield MDL, a long-running antitrust lawsuit representing healthcare providers nationwide.
Blue Cross Blue Shield settles US health provider class action for …
Oct 14, 2024 · Insurer Blue Cross Blue Shield has agreed to pay $2.8 billion to resolve antitrust class action claims by hospital systems, physicians and other health providers alleging they were...
Record settlement: BCBS agrees to pay $2.8 billion in antitrust case
Oct 16, 2024 · In the largest settlement of its kind in the health care industry, the Blue Cross Blue Shield Association and 33 independent BCBS companies have agreed to pay $2.8 billion to settle...