In a landmark development, Blue Cross Blue Shield (BCBS) has reached a $2.8 billion settlement to resolve antitrust claims brought by health care providers, including chiropractors. The lawsuit accused BCBS of dividing the nation into exclusive regions and limiting competition, which resulted in lower reimbursements for providers. Although BCBS denies any wrongdoing, the company agreed to the settlement to avoid lengthy litigation – and you can get a piece of the pie.
I.Q. -- Interesting Quote
Tragic Mistakes
According to an article in USA Today1, the "annual toll of medical harm" is:
- 1.3 million injuries
- 180,000 deaths
- $50 million total costs
- $14 billion uncompensated costs
As this is the "annual toll," one has to question the overall risk and cost of many medical procedures. It would be quite enlightening for the public to have access to the risk factors of all forms of medical care as compared to chiropractic care BEFORE they make their health care decisions.
Reference
1. Levy, D. Helping hospitals learn from tragic mistakes. USA Today, November 5, 1996.