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.
Art Fries, RHU
Arthur L. Fries, RHU, is a disability claim consultant providing advice on a national basis. He is located in Nipomo, CA, and can be reached at 1-800-567-1911. Website: www.afries.com. E-mail: friesart@hotmail.com."