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.
WFC, FCLB Establish Joint Committee
In response to the inherent regulatory challenges created by chiropractors' increasing mobility worldwide, the World Federation of Chiropractic and the Federation of Chiropractic Licensing Boards have established a joint committee with several primary goals, including encouraging regulatory boards around the world to participate on a wider scale in the development and use of CIN-BAD, the Chiropractic Information Network - Board Action Databank; and promoting legislation that provides proper regulatory framework, particularly in countries where chiropractic lacks the strength of law. The committee is meeting with national regulatory board reps on April 29.