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.
Michael Tancredi, DC, CCSP
Michael J. Tancredi is the team chiropractor for the Philadelphia Phillies, the Philadelphia Eagles and Villanova University's athletic department. He was the first chiropractor formally hired by a NFL team.