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.
CBS Pulls Out of Suit Against DC
On April 3, 2003, Chiropractic Benefit Services (CBS) filed a lawsuit accusing Dynamic Chiropractic of publishing an article that contained misinformation. In addition to the lawsuit, CBS also filed for a temporary restraining order to prevent DC from publishing any articles regarding CBS.
When the court heard the motion for the restraining order, the judge specifically asked CBS for legal precedence that would allow him to restrain a national newspaper from publishing news about CBS. When the CBS lawyers failed to provide even one case, the judge made it clear he had no intention of granting the restraining order.
Having lost the first round, CBS quickly decided not to pursue further action. Before DC could even respond, CBS filed to dismiss the lawsuit on May 7, just 34 days after it was filed.