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.
IQ: Interesting Quote
Despite the growth of alternative health care in the past 20 years, drugs and surgery still lead the way. Even for back pain and associated conditions, doctors are performing an ever-increasing number of spinal surgeries. Ponder this quote from Weinstein, et al., as published in the journal Spine:
"Lumbar fusion rates have increased steadily since 1992 (0.3 per 1,000 enrollees in 1992 to 1.1 per 1,000 enrollees in 2003. ... Medicare spending for inpatient back surgery more than doubled over the decade. Spending for lumbar fusion increased more than 500%, from $75 million to $482 million. In 1992, lumbar fusion represented 14% of total spending for back surgery; by 2003, lumbar fusion accounted for 47% of spending."
Source:
- Weinstein JN, Lurie JD, Olson PR, Bronner KK, Fisher ES. United States' trends and regional variations in lumbar spine surgery: 1992-2003. Spine;31(23):2707-14.