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Blue Cross Blue Shield finalizes antitrust settlement for $2.7 billion


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.

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