.

ad test

Tuesday, October 19, 2010

More of This, Please…

The state of Michigan and the Department of Justice have filed an anti-trust suit against Blue Cross Blue Shield of Michigan:

The Justice Department filed an antitrust suit Monday against Blue Cross Blue Shield of Michigan, accusing the giant health insurer of using its market clout to stifle competition and cause consumers covered by other health plans to pay more for hospital care.

The lawsuit, filed in U.S. District Court in Detroit and joined by the state of Michigan, said Blue Cross contracts with at least 70 of the acute care hospitals in the state force them to raise prices and prevent other insurers from competing with them.

Antitrust officials say the provisions likely resulted in Michigan consumers paying higher prices.
Here is hoping that they get nailed to the wall.

No comments: