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. The lawsuit alleged that BCBS member companies violated antitrust laws by agreeing to allocate markets via exclusive service areas and fixing prices paid to health care providers through the organization's BlueCard Program. According to the providers’ law firm, Whatley Kallas, the settlement will affect how BCBS processes claims and communicates with and makes payments to providers. The firm further expects that the settlement will help alleviate and address resource-draining administrative burdens and inefficiencies experienced by providers.

Related News Articles

Headline
The AHA March 10 filed a friend-of-the-court brief in the U.S. District Court for the Northern District of Illinois, urging the court to oppose a motion by…
Headline
The Centers for Medicare & Medicaid Services March 10 released new proposed policies for health insurance marketplaces, including the issuers, agents and…
Blog
Public
Congress passed into law legislation in 2021 that allowed additional eligibility for enhanced premium tax credits to help certain individuals and families…
Headline
An analysis released Feb. 13 by KFF found that a proposal to cut the Affordable Care Act's Medicaid expansion match rate could reduce total Medicaid spending…
Headline
The AHA Jan. 27 voiced support for the Centers for Medicare & Medicaid Services proposed rule on policy and technical changes to Medicare Advantage and…
Headline
The Centers for Medicare & Medicaid Services Jan. 17 announced a record 24.2 million consumers selected health coverage through the Health Insurance…