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.
Riekeman NOT Suing Palmer
Contrary to articles appearing in the Quad City Times and this publication (June 4, 2005 issue), Life University President Guy Riekeman, DC, is not currently suing the Palmer Chiropractic University Foundation. The original articles were based upon an April 14, 2005 filing by Dr. Riekeman's local attorney in the Scott County District Court of Iowa. While this filing did refer to a potential action between the parties, the filing was misinterpreted as a legal complaint. A follow-up conversation with Dr. Riekeman revealed that the filing was only procedural and did not include any current legal action.