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.
Burl Pettibon, DC, FABCS, FRCCM, PhD (Hon.)
Dr. Burl Pettibon is the founder and CEO of the Pettibon Institute. A 1956 graduate of Cleveland Chiropractic College, he is an extension faculty member and lecturer at numerous chiropractic colleges including his alma mater. To contact Dr. Pettibon with questions or comments regarding this article, visit www.pettiboninstitute.org.
"