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A long-running $2.7 billion antitrust settlement against Blue Cross & Blue Shield Association has been finalized in federal court, Healthcare Finance reports. The settlement resolves claims that the insurers violated antitrust laws by entering into an agreement not to compete with each other and to limit competition among themselves in selling health insurance, according to the BCBS settlement website.
1. UnitedHealth reports significant data breach; personal health info compromised
2. Humana to cut Medicare Advantage benefits amid rising costs
3. Walmart to shut down health clinics due to unprofitability
4. UnitedHealth faces scrutiny over size, operations, and cyberattack
5. UnitedHealth to close Optum Virtual Care amid telehealth decline
6. Cigna writes off $1.8 billion from VillageMD investment amid losses